Short Interest in Acerinox (OTCMKTS:ANIOY) Increases By 952.0%

Acerinox (OTCMKTS:ANIOY) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 1,336 shares, an increase of 952.0% from the May 14th total of 127 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 10,554 shares, the short-interest ratio is currently 0.1 days.

Acerinox Price Performance

ANIOY opened at $9.24 on Thursday. Acerinox has a fifty-two week low of $5.87 and a fifty-two week high of $9.57. The business has a 50-day moving average of $8.24 and a 200-day moving average of $7.58. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.89 and a quick ratio of 0.91. The company has a market capitalization of $4.61 billion, a PE ratio of -92.35 and a beta of 1.11.

Acerinox (OTCMKTS:ANIOY) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.58). Acerinox had a negative return on equity of 2.11% and a negative net margin of 0.79%.The firm had revenue of $1.62 billion for the quarter, compared to analysts’ expectations of $3.88 billion. Equities research analysts forecast that Acerinox will post 0.53 EPS for the current fiscal year.

Analyst Ratings Changes

ANIOY has been the subject of several research analyst reports. Zacks Research raised Acerinox from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Morgan Stanley reaffirmed an “overweight” rating on shares of Acerinox in a research note on Tuesday, May 19th. Finally, Citigroup reaffirmed a “buy” rating on shares of Acerinox in a research note on Wednesday, May 20th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

About Acerinox

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.