Kobe Steel, Ltd. (OTCMKTS:KBSTF) Sees Large Growth in Short Interest

Kobe Steel, Ltd. (OTCMKTS:KBSTF) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 2,553,000 shares, a growth of 19.9% from the October 31st total of 2,128,700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 25,530.0 days.

Kobe Steel Price Performance

Kobe Steel stock opened at $9.65 on Friday. Kobe Steel has a one year low of $9.65 and a one year high of $9.65. The company’s fifty day moving average price is $10.96 and its two-hundred day moving average price is $11.96.

Kobe Steel Company Profile

Kobe Steel, Ltd. engages in the materials, machinery, and electric power businesses worldwide. The company offers steel sheet products, including high-tensile strength, hot and cold rolled, electro-galvanized, and hot-dipped galvanized steel sheets; steel wire rods and bars; and aluminum and steel plates.