BlueScope Steel Limited (OTCMKTS:BLSFY) Short Interest Up 345.8% in December

BlueScope Steel Limited (OTCMKTS:BLSFY) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 535 shares, a growth of 345.8% from the December 15th total of 120 shares. Based on an average daily trading volume, of 729 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 729 shares, the short-interest ratio is presently 0.7 days.

BlueScope Steel Trading Up 1.3%

Shares of OTCMKTS BLSFY opened at $100.19 on Tuesday. BlueScope Steel has a fifty-two week low of $58.05 and a fifty-two week high of $100.19. The business’s 50 day moving average price is $79.09 and its 200-day moving average price is $76.79.

BlueScope Steel Company Profile

BlueScope Steel is an integrated steel producer headquartered in Melbourne, Australia, specializing in the manufacture and distribution of flat steel products and building solutions. The company’s core activities span the production of hot-rolled, cold-rolled, coated and painted steel products, as well as the design and supply of prefabricated buildings and steel framing systems. BlueScope serves a diverse customer base that includes construction, manufacturing, automotive, and distribution sectors.

Among its portfolio of branded products are COLORBOND® steel and ZINCALUME® steel, which are widely used in residential, commercial and industrial roofing and cladding applications.