Short Interest in Sherritt International Co. (OTCMKTS:SHERF) Declines By 21.7%

Sherritt International Co. (OTCMKTS:SHERF) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 238,300 shares, a decrease of 21.7% from the November 30th total of 304,300 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 125.4 days.

Sherritt International Price Performance

SHERF stock opened at $0.11 on Tuesday. Sherritt International has a 1 year low of $0.07 and a 1 year high of $0.27. The company’s 50-day moving average is $0.12 and its 200-day moving average is $0.15.

Sherritt International Company Profile

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.