Short Interest in Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Drops By 13.4%

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 99,100 shares, a drop of 13.4% from the February 13th total of 114,400 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 113,300 shares, the days-to-cover ratio is currently 0.9 days.

Usinas Siderúrgicas de Minas Gerais Trading Down 0.5 %

Usinas Siderúrgicas de Minas Gerais stock opened at $1.05 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.72 and a quick ratio of 2.14. Usinas Siderúrgicas de Minas Gerais has a one year low of $0.82 and a one year high of $2.10. The stock has a market capitalization of $572.47 million, a PE ratio of -52.25, a price-to-earnings-growth ratio of 6.54 and a beta of 1.77. The business’s fifty day moving average is $0.99 and its 200 day moving average is $1.05.

About Usinas Siderúrgicas de Minas Gerais

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.