BlueScope Steel Limited (OTCMKTS:BLSFY) Short Interest Update

BlueScope Steel Limited (OTCMKTS:BLSFY) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 210 shares, an increase of 388.4% from the November 30th total of 43 shares. Based on an average daily trading volume, of 297 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 297 shares, the days-to-cover ratio is currently 0.7 days.

BlueScope Steel Stock Performance

Shares of OTCMKTS:BLSFY opened at $81.24 on Friday. BlueScope Steel has a 52-week low of $56.42 and a 52-week high of $82.12. The firm has a fifty day moving average of $74.60 and a 200 day moving average of $75.37.

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.