Short Interest in Russel Metals Inc. (OTCMKTS:RUSMF) Increases By 25.0%

Russel Metals Inc. (OTCMKTS:RUSMF) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 447,100 shares, a growth of 25.0% from the January 31st total of 357,800 shares. Based on an average daily volume of 16,500 shares, the short-interest ratio is currently 27.1 days.

Russel Metals Price Performance

Shares of OTCMKTS RUSMF opened at $27.47 on Friday. Russel Metals has a 1-year low of $25.32 and a 1-year high of $33.05. The company has a 50-day moving average of $28.84 and a two-hundred day moving average of $29.33.

About Russel Metals

Russel Metals Inc operates as a metal distribution and processing company in Canada and the United States. It operates in three segments: Metals Service Centers, Energy Field Stores, and Steel Distribution. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products.