Posted by admin on Jul 28th, 2022
BlueScope Steel Limited (OTCMKTS:BLSFY – Get Rating) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 1,000 shares, a growth of 400.0% from the June 30th total of 200 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is presently 0.3 days.
Shares of OTCMKTS BLSFY opened at $56.18 on Thursday. BlueScope Steel has a 52 week low of $50.20 and a 52 week high of $90.95. The business has a 50-day simple moving average of $58.45 and a two-hundred day simple moving average of $67.86.
Separately, The Goldman Sachs Group upgraded BlueScope Steel from a “neutral” rating to a “buy” rating in a research note on Monday, May 16th.
BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Thailand, Indonesia, Malaysia, Vietnam, North America, the Pacific Islands, and Asia. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Building Products Asia & North America, Buildings North America, and New Zealand & Pacific Islands.
Receive News & Ratings for BlueScope Steel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlueScope Steel and related companies with MarketBeat.com's FREE daily email newsletter.
Bonterra Resources Inc. (OTCMKTS:BONXF) Short Interest Down 70.9% in July
Bridgestone Co. (OTCMKTS:BRDCY) Sees Large Decline in Short Interest