Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Short Interest Update

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 114,400 shares, a decrease of 81.5% from the January 31st total of 618,600 shares. Based on an average daily trading volume, of 95,400 shares, the days-to-cover ratio is presently 1.2 days.

Usinas Siderúrgicas de Minas Gerais Stock Performance

USNZY stock opened at $1.03 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.72 and a quick ratio of 2.14. Usinas Siderúrgicas de Minas Gerais has a 1 year low of $0.82 and a 1 year high of $2.23. The company has a market cap of $564.25 million, a P/E ratio of -51.50, a price-to-earnings-growth ratio of 6.54 and a beta of 1.80. The stock’s fifty day moving average price is $0.95 and its 200-day moving average price is $1.07.

About Usinas Siderúrgicas de Minas Gerais

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.