Sherritt International Co. (OTCMKTS:SHERF) Sees Large Increase in Short Interest

Sherritt International Co. (OTCMKTS:SHERF) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 385,500 shares, a growth of 55.9% from the February 28th total of 247,300 shares. Based on an average daily volume of 141,600 shares, the days-to-cover ratio is currently 2.7 days.

Sherritt International Price Performance

Shares of SHERF stock remained flat at $0.10 during trading hours on Monday. Sherritt International has a 12-month low of $0.07 and a 12-month high of $0.27. The business has a 50-day moving average of $0.12 and a 200-day moving average of $0.12.

Sherritt International Company Profile

Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in North America, Cuba, Europe, Asia, Australia, and internationally. It operates through Metals, Power, Technologies, Oil and Gas, and Corporate segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides.