Short Interest in Angang Steel Company Limited (OTCMKTS:ANGGF) Grows By 37.9%

Angang Steel Company Limited (OTCMKTS:ANGGF) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 18,734,000 shares, an increase of 37.9% from the December 15th total of 13,584,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 187,340.0 days.

Angang Steel Stock Performance

Shares of ANGGF stock opened at $0.22 on Thursday. The business has a fifty day moving average of $0.20 and a 200 day moving average of $0.19. Angang Steel has a 1 year low of $0.14 and a 1 year high of $0.19.

About Angang Steel

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products.