Short Interest in Algoma Central Co. (OTCMKTS:AGMJF) Grows By 51.7%

Algoma Central Co. (OTCMKTS:AGMJF) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 4,400 shares, a growth of 51.7% from the June 15th total of 2,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 44.0 days.

Algoma Central Stock Up 0.7 %

Shares of Algoma Central stock opened at $10.40 on Monday. Algoma Central has a fifty-two week low of $10.30 and a fifty-two week high of $11.50. The company has a fifty day moving average of $10.43 and a 200 day moving average of $10.81.

About Algoma Central

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.