Maanshan Iron & Steel Company Limited (OTCMKTS:MAANF) Short Interest Update

Maanshan Iron & Steel Company Limited (OTCMKTS:MAANF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 38,000 shares, an increase of 18.8% from the November 30th total of 32,000 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is presently 17.3 days.

Maanshan Iron & Steel Price Performance

OTCMKTS:MAANF remained flat at $0.18 during trading hours on Tuesday. The company’s fifty day moving average price is $0.15 and its 200-day moving average price is $0.14. Maanshan Iron & Steel has a one year low of $0.10 and a one year high of $0.18.

Maanshan Iron & Steel Company Profile

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. The company offers steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and train wheels and wheel rims.