Salzgitter AG (OTCMKTS:SZGPY) Short Interest Update

Salzgitter AG (OTCMKTS:SZGPY) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 7,900 shares, a decline of 35.2% from the January 31st total of 12,200 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is presently 1.1 days.

Salzgitter Stock Up 6.4 %

Shares of OTCMKTS:SZGPY opened at $2.16 on Tuesday. The stock has a market capitalization of $1.17 billion, a PE ratio of -5.54 and a beta of 1.53. The firm’s 50 day moving average price is $1.75 and its 200-day moving average price is $1.72. Salzgitter has a twelve month low of $1.40 and a twelve month high of $2.70.

About Salzgitter

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading.