BlueScope Steel Limited (OTCMKTS:BLSFY) Short Interest Down 97.3% in August
by Michael Walen · The Markets DailyBlueScope Steel Limited (OTCMKTS:BLSFY – Get Free Report) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 1 shares, a drop of 97.3% from the July 30th total of 37 shares. Based on an average trading volume of 24 shares, the days-to-cover ratio is currently 0.0 days.
BlueScope Steel Stock Performance
Shares of OTCMKTS BLSFY remained flat at $106.89 during trading on Tuesday. The stock had a trading volume of 4 shares, compared to its average volume of 359. BlueScope Steel has a 1-year low of $65.39 and a 1-year high of $121.37. The stock has a 50 day simple moving average of $111.91 and a 200 day simple moving average of $106.26.
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.