Sherritt International Co. (OTCMKTS:SHERF) Sees Large Increase in Short Interest

Sherritt International Co. (OTCMKTS:SHERF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 319,700 shares, a growth of 52.0% from the October 15th total of 210,300 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is currently 96.9 days.

Sherritt International Price Performance

SHERF remained flat at $0.13 on Friday. The stock’s fifty day moving average price is $0.14 and its 200 day moving average price is $0.17. Sherritt International has a 52-week low of $0.07 and a 52-week high of $0.30.

About Sherritt International

Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in North America, Cuba, Europe, Asia, Australia, and internationally. It operates through Metals, Power, Technologies, Oil and Gas, and Corporate segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides.