Algoma Steel Group Inc. (NASDAQ:ASTLW) Short Interest Update

Algoma Steel Group Inc. (NASDAQ:ASTLW) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,500 shares, a decline of 84.1% from the December 15th total of 15,700 shares. Based on an average trading volume of 41,400 shares, the short-interest ratio is currently 0.1 days.

Algoma Steel Group Trading Up 5.5 %

NASDAQ:ASTLW traded up $0.06 on Monday, hitting $1.16. 12,637 shares of the company’s stock were exchanged, compared to its average volume of 61,358. The firm has a 50-day moving average price of $1.71 and a 200-day moving average price of $1.57. Algoma Steel Group has a 52 week low of $0.78 and a 52 week high of $2.40.

Algoma Steel Group Company Profile

Algoma Steel Group Inc produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications.