Sherritt International Co. (OTCMKTS:SHERF) Sees Significant Growth in Short Interest

Sherritt International Co. (OTCMKTS:SHERF) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 247,300 shares, an increase of 18.7% from the February 13th total of 208,300 shares. Based on an average daily volume of 373,900 shares, the days-to-cover ratio is currently 0.7 days.

Sherritt International Stock Performance

Sherritt International stock traded down $0.00 during trading hours on Wednesday, reaching $0.10. 461,000 shares of the company’s stock traded hands, compared to its average volume of 95,147. Sherritt International has a fifty-two week low of $0.07 and a fifty-two week high of $0.27. The firm’s 50 day moving average is $0.12 and its 200-day moving average is $0.13.

Sherritt International Company Profile

Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in North America, Cuba, Europe, Asia, Australia, and internationally. It operates through Metals, Power, Technologies, Oil and Gas, and Corporate segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides.