Angang Steel Company Limited (OTCMKTS:ANGGF) Short Interest Up 659.5% in October

Angang Steel Company Limited (OTCMKTS:ANGGF) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,736,300 shares, a growth of 659.5% from the September 30th total of 228,600 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 8,681.5 days.

Angang Steel Stock Performance

ANGGF stock remained flat at $0.19 during trading on Friday. The firm’s fifty day simple moving average is $0.17 and its two-hundred day simple moving average is $0.18. Angang Steel has a twelve month low of $0.14 and a twelve month 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.