Short Interest in Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Increases By 22.3%

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 265,000 shares, a growth of 22.3% from the May 31st total of 216,600 shares. Based on an average daily volume of 36,200 shares, the short-interest ratio is currently 7.3 days.

Usinas Siderúrgicas de Minas Gerais Trading Up 2.1 %

Shares of OTCMKTS USNZY opened at $1.44 on Tuesday. The stock has a fifty day simple moving average of $1.49 and a 200-day simple moving average of $1.77. The company has a current ratio of 3.25, a quick ratio of 1.89 and a debt-to-equity ratio of 0.25. Usinas Siderúrgicas de Minas Gerais has a twelve month low of $1.10 and a twelve month high of $2.23. The stock has a market capitalization of $788.86 million, a PE ratio of 3.06, a PEG ratio of 0.49 and a beta of 1.89.

Usinas Siderúrgicas de Minas Gerais Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, April 29th will be paid a $0.0498 dividend. The ex-dividend date of this dividend is Friday, April 26th. Usinas Siderúrgicas de Minas Gerais’s dividend payout ratio (DPR) is 8.51%.

About Usinas Siderúrgicas de Minas Gerais

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.