Angang Steel Company Limited (OTCMKTS:ANGGF) Short Interest Up 37.9% in December

Angang Steel Company Limited (OTCMKTS:ANGGF) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 18,734,000 shares, an increase of 37.9% from the December 15th total of 13,584,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 187,340.0 days.

Angang Steel Price Performance

Angang Steel stock traded down $0.03 during midday trading on Friday, hitting $0.19. 150 shares of the company’s stock were exchanged, compared to its average volume of 3,400. Angang Steel has a 52-week low of $0.14 and a 52-week high of $0.22. The stock has a 50-day moving average price of $0.20 and a two-hundred day moving average price of $0.19.

About Angang Steel

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products.