Short Interest in Maanshan Iron & Steel Company Limited (OTCMKTS:MAANF) Expands By 17,200.0%

Maanshan Iron & Steel Company Limited (OTCMKTS:MAANF) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 6,574,000 shares, a growth of 17,200.0% from the December 15th total of 38,000 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 21,913.3 days.

Maanshan Iron & Steel Stock Performance

Maanshan Iron & Steel stock remained flat at $0.18 during trading on Wednesday. Maanshan Iron & Steel has a 12 month low of $0.10 and a 12 month high of $0.22. The stock’s 50 day moving average price is $0.16 and its 200-day moving average price is $0.14.

Maanshan Iron & Steel Company Profile

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. The company offers steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and train wheels and wheel rims.