Aperam S.A. (OTCMKTS:APEMY) Sees Significant Increase in Short Interest

Aperam S.A. (OTCMKTS:APEMY) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 5,400 shares, a growth of 107.7% from the February 13th total of 2,600 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is currently 2.7 days. Approximately 0.0% of the company’s stock are short sold.

Aperam Price Performance

Shares of APEMY opened at $34.00 on Friday. The firm has a market cap of $2.49 billion, a PE ratio of 9.83 and a beta of 1.64. The firm’s 50 day moving average price is $28.76 and its 200 day moving average price is $28.39. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.56 and a current ratio of 2.82. Aperam has a twelve month low of $25.18 and a twelve month high of $34.56.

Aperam (OTCMKTS:APEMY) last released its quarterly earnings results on Friday, February 7th. The company reported $0.18 EPS for the quarter. Aperam had a net margin of 3.73% and a return on equity of 2.02%. As a group, research analysts expect that Aperam will post 2.84 EPS for the current fiscal year.

Aperam Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a dividend of $0.5224 per share. This is a positive change from Aperam’s previous quarterly dividend of $0.46. This represents a $2.09 annualized dividend and a dividend yield of 6.15%. The ex-dividend date is Friday, February 28th. Aperam’s payout ratio is 51.16%.

About Aperam

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.