Algoma Central Co. (OTCMKTS:AGMJF) Short Interest Up 7.4% in June

Algoma Central Co. (OTCMKTS:AGMJFGet Free Report) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 2,900 shares, an increase of 7.4% from the May 31st total of 2,700 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 14.5 days.

Algoma Central Price Performance

Algoma Central stock opened at $10.33 on Thursday. Algoma Central has a fifty-two week low of $10.30 and a fifty-two week high of $11.50. The stock’s fifty day moving average is $10.48 and its two-hundred day moving average is $10.83.

About Algoma Central

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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.

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