Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Short Interest Update

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZYGet Free Report) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 84,300 shares, a decrease of 79.1% from the November 30th total of 404,200 shares. Based on an average daily volume of 468,200 shares, the days-to-cover ratio is presently 0.2 days.

Usinas Siderúrgicas de Minas Gerais Trading Up 3.4 %

Shares of OTCMKTS:USNZY opened at $0.94 on Friday. The company has a 50-day simple moving average of $1.08 and a 200 day simple moving average of $1.20. The company has a market capitalization of $515.22 million, a P/E ratio of 6.72, a price-to-earnings-growth ratio of 13.21 and a beta of 1.80. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.09 and a current ratio of 3.72. Usinas Siderúrgicas de Minas Gerais has a 52-week low of $0.84 and a 52-week high of $2.23.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZYGet Free Report) last issued its earnings results on Friday, October 25th. The basic materials company reported $0.02 EPS for the quarter, topping the consensus estimate of $0.01 by $0.01. Usinas Siderúrgicas de Minas Gerais had a return on equity of 3.52% and a net margin of 3.56%. The company had revenue of $1.23 billion during the quarter. Sell-side analysts forecast that Usinas Siderúrgicas de Minas Gerais will post 0.05 earnings per share for the current year.

About Usinas Siderúrgicas de Minas Gerais

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Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.

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