Angang Steel Company Limited (OTCMKTS:ANGGF) Short Interest Update

Angang Steel Company Limited (OTCMKTS:ANGGF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 1,736,300 shares, an increase of 659.5% from the September 30th total of 228,600 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 8,681.5 days.

Angang Steel Stock Performance

OTCMKTS:ANGGF opened at $0.19 on Friday. The stock’s fifty day moving average is $0.17 and its 200 day moving average is $0.18. Angang Steel has a fifty-two week low of $0.14 and a fifty-two week high of $0.19.

Angang Steel Company Profile

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products.