Algoma Central Co. (OTCMKTS:AGMJF) Short Interest Up 50.0% in August

Algoma Central Co. (OTCMKTS:AGMJF) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 3,900 shares, a growth of 50.0% from the August 15th total of 2,600 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is presently 3.3 days.

Algoma Central Stock Up 0.7 %

AGMJF opened at $10.75 on Monday. The company has a 50 day moving average of $10.59 and a 200 day moving average of $10.63. Algoma Central has a 12 month low of $10.00 and a 12 month high of $11.39.

About Algoma Central

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.