BlueScope Steel Limited (OTCMKTS:BLSFY) Short Interest Down 97.3% in August

BlueScope Steel Limited (OTCMKTS:BLSFY) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1 shares, a decrease of 97.3% from the July 30th total of 37 shares. Based on an average daily volume of 24 shares, the days-to-cover ratio is currently 0.0 days.

BlueScope Steel Stock Performance

Shares of BLSFY stock opened at $106.89 on Wednesday. The firm’s fifty day moving average price is $111.91 and its two-hundred day moving average price is $106.26. BlueScope Steel has a 1 year low of $65.39 and a 1 year high of $121.37.

BlueScope Steel Company Profile

BlueScope Steel is an integrated steel producer headquartered in Melbourne, Australia, specializing in the manufacture and distribution of flat steel products and building solutions. The company’s core activities span the production of hot-rolled, cold-rolled, coated and painted steel products, as well as the design and supply of prefabricated buildings and steel framing systems. BlueScope serves a diverse customer base that includes construction, manufacturing, automotive, and distribution sectors.

Among its portfolio of branded products are COLORBOND® steel and ZINCALUME® steel, which are widely used in residential, commercial and industrial roofing and cladding applications.