Sherritt International Co. (OTCMKTS:SHERF) Short Interest Up 52.0% in October

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

Sherritt International Price Performance

Shares of OTCMKTS:SHERF remained flat at $0.13 during midday trading on Friday. Sherritt International has a 1 year low of $0.07 and a 1 year high of $0.30. The firm has a 50-day moving average of $0.14 and a 200-day moving average of $0.17.

Sherritt International Company Profile

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.