Short Interest in Algoma Central Co. (OTCMKTS:AGMJF) Drops By 11.3%

Algoma Central Co. (OTCMKTS:AGMJF) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 5,500 shares, a decrease of 11.3% from the December 15th total of 6,200 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 5.5 days.

Algoma Central Price Performance

AGMJF stock opened at $10.23 on Friday. The company has a 50 day moving average price of $10.59 and a two-hundred day moving average price of $10.65. Algoma Central has a one year low of $9.99 and a one year high of $11.52.

Algoma Central Company Profile

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.