Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIYY) Sees Large Growth in Short Interest
by Kim Johansen · The Markets DailyDanieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIYY – Get Free Report) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 1 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average trading volume of 9 shares, the days-to-cover ratio is currently 0.1 days.
Danieli & C. Officine Meccaniche Stock Performance
Danieli & C. Officine Meccaniche stock remained flat at $37.55 during midday trading on Friday. The firm has a 50 day moving average of $37.55 and a 200-day moving average of $37.55. Danieli & C. Officine Meccaniche has a one year low of $31.41 and a one year high of $37.84.
Danieli & C. Officine Meccaniche Company Profile
Danieli & C. Officine Meccaniche S.p.A. is an Italian engineering company specializing in the design, manufacturing and installation of equipment and plants for the metals industry. Headquartered in Buttrio, Italy, the company serves a global client base that includes steel producers, foundries, and metal recyclers. Its offerings span the entire steel production chain, from raw material processing to finished metal products, reflecting a comprehensive approach to heavy industrial engineering.
The company’s core product portfolio includes electric arc furnaces, continuous casting machines, rolling mills and related automation systems.