FLSmidth & Co. A/S (OTCMKTS:FLIDF) Sees Significant Increase in Short Interest

FLSmidth & Co. A/S (OTCMKTS:FLIDF) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 162,292 shares, an increase of 79.0% from the July 15th total of 90,691 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

FLSmidth & Co. A/S Stock Performance

Shares of FLSmidth & Co. A/S stock remained flat at $78.86 during trading on Tuesday. FLSmidth & Co. A/S has a twelve month low of $56.66 and a twelve month high of $93.31. The business has a 50-day simple moving average of $78.86 and a two-hundred day simple moving average of $79.84.

FLSmidth & Co. A/S Company Profile

FLSmidth & Co A/S is a Copenhagen-based engineering company that specializes in delivering equipment, services and digital solutions to the global mining and cement industries. Founded in 1882 by Frederik Læssøe Smidth, the company has grown into a leading supplier of process technologies and aftermarket support, guiding clients through the full lifecycle of their operations from initial project development to long-term maintenance.

The company’s core offerings encompass the design, manufacture and installation of critical process equipment, including crushers, mills, kilns and material-handling systems.