EVRAZ plc (OTCMKTS:EVRZF) Sees Significant Growth in Short Interest

EVRAZ plc (OTCMKTS:EVRZF) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 30,100 shares, an increase of 186.7% from the September 15th total of 10,500 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is presently 15.1 days.

EVRAZ stock remained flat at $$7.90 during mid-day trading on Thursday. 10 shares of the company’s stock traded hands, compared to its average volume of 689. EVRAZ has a 52-week low of $4.50 and a 52-week high of $10.04. The firm’s 50 day moving average price is $7.99 and its two-hundred day moving average price is $8.30.

The company also recently declared a Variable dividend, which was paid on Friday, September 10th. Shareholders of record on Friday, August 13th were issued a dividend of $0.55 per share. The ex-dividend date was Thursday, August 12th. EVRAZ’s payout ratio is 181.03%.

Several research analysts have issued reports on EVRZF shares. Zacks Investment Research upgraded shares of EVRAZ from a “sell” rating to a “hold” rating in a report on Wednesday, October 6th. Morgan Stanley restated an “overweight” rating on shares of EVRAZ in a report on Wednesday, September 29th.


EVRAZ Plc is a holding company, which engages in the production and distribution of steel, vanadium, and coal products. It operates through the following segments: Steel, Steel North America, Coal, and Other Operations. The Steel segment offers steel and related products; vanadium products; extraction of vanadium ore; and iron ore mining.

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