Algoma Central Co. (OTCMKTS:AGMJF) Sees Significant Increase in Short Interest

Algoma Central Co. (OTCMKTS:AGMJF) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 4,200 shares, a growth of 61.5% from the October 15th total of 2,600 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 14.0 days.

Algoma Central Price Performance

Algoma Central stock opened at $10.90 on Friday. Algoma Central has a one year low of $10.00 and a one year high of $11.52. The business has a fifty day moving average price of $10.84 and a 200-day moving average price of $10.63.

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.