Short Interest in Dowlais Group plc (OTCMKTS:DWLAF) Decreases By 99.7%

Dowlais Group plc (OTCMKTS:DWLAF) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 288 shares, a decline of 99.7% from the November 30th total of 92,344 shares. Based on an average daily trading volume, of 2,350 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 2,350 shares, the days-to-cover ratio is currently 0.1 days.

Dowlais Group Stock Performance

DWLAF stock remained flat at $1.08 during midday trading on Wednesday. The business has a fifty day moving average price of $1.08 and a two-hundred day moving average price of $1.02. Dowlais Group has a 52 week low of $0.64 and a 52 week high of $1.12.

About Dowlais Group

Dowlais Group Limited, trading under the ticker OTCMKTS:DWLAF, is a diversified industrial company specializing in steel, aluminum, mining and energy operations. The group brings together a network of manufacturing facilities, including steel plants, foundries and recycling centres, to process raw materials into finished metal products. Drawing on the heritage of the historic Dowlais Ironworks and other industrial sites, the company focuses on both flat and long steel production, as well as aluminium rolling and extrusion.

The company’s product portfolio spans hot-rolled and cold-rolled steel coils, galvanized steel, sections and bars, aluminium sheets and extruded profiles, and specialty metal alloys.