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

Sherritt International Co. (OTCMKTS:SHERF) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 319,700 shares, an increase of 52.0% from the October 15th total of 210,300 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 96.9 days.

Sherritt International Stock Performance

SHERF stock remained flat at $0.13 during mid-day trading on Friday. The firm’s fifty day moving average is $0.14 and its 200-day moving average is $0.17. Sherritt International has a fifty-two week low of $0.07 and a fifty-two week high of $0.30.

About Sherritt International

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.