Short Interest in Sherritt International Co. (OTCMKTS:SHERF) Grows By 55.9%

Sherritt International Co. (OTCMKTS:SHERF) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 385,500 shares, a growth of 55.9% from the February 28th total of 247,300 shares. Based on an average daily volume of 141,600 shares, the short-interest ratio is presently 2.7 days.

Sherritt International Stock Performance

OTCMKTS SHERF opened at $0.10 on Tuesday. Sherritt International has a 12 month low of $0.07 and a 12 month high of $0.27. The company’s 50 day simple moving average is $0.12 and its 200 day simple moving average is $0.12.

About Sherritt International

Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in North America, Cuba, Europe, Asia, Australia, and internationally. It operates through Metals, Power, Technologies, Oil and Gas, and Corporate segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides.