Does ARCELORMITTAL COMMON SHARES (OTCMKTS:AMSYF) Have Gas After Even More Sellers Involved?

June 18, 2018 - By Richard Conner

ArcelorMittal (OTCMKTS:AMSYF) Logo

The stock of ARCELORMITTAL COMMON SHARES (OTCMKTS:AMSYF) registered an increase of 12.43% in short interest. AMSYF’s total short interest was 5.18 million shares in June as published by FINRA. Its up 12.43% from 4.61M shares, reported previously. With 43,800 shares average volume, it will take short sellers 118 days to cover their AMSYF’s short positions. The short interest to ARCELORMITTAL COMMON SHARES’s float is 0.81%.

It closed at $33.5 lastly. It is down 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company has market cap of $33.44 billion. It operates through NAFTA, Brazil, Europe, ACIS, and Mining divisions. It has a 7.2 P/E ratio. The firm produces finished and semi-finished steel products with various specifications.

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