Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Update

Acerinox, S.A. (OTCMKTS:ANIOY) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 3,400 shares, a drop of 10.5% from the May 31st total of 3,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 34.0 days.

Acerinox Trading Down 3.2 %

ANIOY opened at $5.10 on Monday. Acerinox has a one year low of $4.53 and a one year high of $5.80. The company has a market cap of $2.54 billion, a P/E ratio of 17.01 and a beta of 1.47. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.29 and a current ratio of 2.27. The business’s 50-day simple moving average is $5.38 and its 200-day simple moving average is $5.45.

Acerinox (OTCMKTS:ANIOY) last released its quarterly earnings results on Thursday, April 25th. The company reported $0.11 earnings per share (EPS) for the quarter. Acerinox had a return on equity of 11.80% and a net margin of 2.34%. The firm had revenue of $1.61 billion for the quarter. As a group, equities research analysts expect that Acerinox will post 0.54 EPS for the current fiscal year.

Acerinox Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, August 5th. Investors of record on Thursday, July 18th will be paid a $0.1183 dividend. The ex-dividend date is Thursday, July 18th. This is an increase from Acerinox’s previous dividend of $0.12. Acerinox’s payout ratio is 80.00%.

About Acerinox

Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.