Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Up 28.1% in January

Acerinox, S.A. (OTCMKTS:ANIOY) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 4,100 shares, an increase of 28.1% from the December 31st total of 3,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 41.0 days.

Acerinox Stock Performance

ANIOY opened at $5.10 on Monday. Acerinox has a 1-year low of $4.45 and a 1-year high of $5.70. The stock has a market capitalization of $2.54 billion, a PE ratio of 63.76 and a beta of 1.43. The company has a current ratio of 2.25, a quick ratio of 1.37 and a debt-to-equity ratio of 0.53. The firm has a 50-day moving average price of $4.96 and a two-hundred day moving average price of $5.00.

Acerinox Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, February 10th. Investors of record on Thursday, January 23rd will be given a $0.0983 dividend. The ex-dividend date is Thursday, January 23rd. Acerinox’s dividend payout ratio (DPR) is presently 250.03%.

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.