FLSmidth & Co. A/S (OTCMKTS:FLIDF) Short Interest Up 428.1% in April

FLSmidth & Co. A/S (OTCMKTS:FLIDF) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 16,900 shares, an increase of 428.1% from the March 31st total of 3,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 169.0 days.

FLSmidth & Co. A/S Price Performance

Shares of FLIDF opened at $52.00 on Friday. FLSmidth & Co. A/S has a 1 year low of $52.00 and a 1 year high of $52.00. The company’s 50 day simple moving average is $51.86 and its 200 day simple moving average is $51.95.

FLSmidth & Co. A/S Company Profile

FLSmidth & Co A/S provides flowsheet technology and service solutions for the mining and cement industries in North America, South America, Europe, North and Sub-Saharan Africa, the Middle East, Central and South Asia, the Asia Pacific, and Australia. It operates in three segments: Mining, Cement, and Non-Core Activities.