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

Aperam S.A. (OTCMKTS:APEMY) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,700 shares, a decrease of 68.5% from the February 28th total of 5,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,600 shares, the short-interest ratio is currently 1.1 days.

Aperam Price Performance

Shares of APEMY stock opened at $33.45 on Friday. Aperam has a 1 year low of $25.18 and a 1 year high of $35.75. The company has a current ratio of 2.82, a quick ratio of 0.56 and a debt-to-equity ratio of 0.15. The firm’s 50 day moving average is $30.36 and its 200-day moving average is $28.82. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of 9.67 and a beta of 1.65.

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

Aperam Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were given a $0.5224 dividend. This is a boost from Aperam’s previous quarterly dividend of $0.46. This represents a $2.09 annualized dividend and a yield of 6.25%. The ex-dividend date was Friday, February 28th. Aperam’s payout ratio is currently 51.16%.

Aperam Company Profile

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.