Short Interest in BlueScope Steel Limited (OTCMKTS:BLSFY) Expands By 117.7%

BlueScope Steel Limited (OTCMKTS:BLSFYGet Free Report) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 246 shares, an increase of 117.7% from the April 15th total of 113 shares. Based on an average trading volume of 112 shares, the short-interest ratio is currently 2.2 days.

BlueScope Steel Price Performance

Shares of BLSFY opened at $106.61 on Friday. The business’s 50-day moving average is $99.87 and its two-hundred day moving average is $92.11. BlueScope Steel has a fifty-two week low of $65.39 and a fifty-two week high of $113.30.

About BlueScope Steel

(Get Free Report)

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.

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