Short Interest in BlueScope Steel Limited (OTCMKTS:BLSFF) Rises By 79.0%

BlueScope Steel Limited (OTCMKTS:BLSFF) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 20,354 shares, an increase of 79.0% from the June 30th total of 11,374 shares. Based on an average daily volume of 52 shares, the days-to-cover ratio is presently 391.4 days.

BlueScope Steel Stock Performance

Shares of BLSFF stock opened at $22.44 on Friday. BlueScope Steel has a twelve month low of $14.50 and a twelve month high of $22.79. The stock has a fifty day simple moving average of $21.12 and a two-hundred day simple moving average of $19.99.

BlueScope Steel Company Profile

BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Coated Products Asia, Buildings and Coated Products North America, and New Zealand & Pacific Islands. It offers steel slabs, plates, hot and cold rolled coils, coated and painted strip products, roof and wall claddings, and purlins and house framings under the LYSAGHT steel building products, COLORBOND steel, COLORSTEEL, ZINCALUME steel, GALVABOND steel, GALVASPAN steel, BlueScope Zacs, and SuperDyma brands.