BlueScope Steel Limited (OTCMKTS:BLSFY) Short Interest Up 1,750.0% in July

BlueScope Steel Limited (OTCMKTS:BLSFY) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 37 shares, a growth of 1,750.0% from the July 15th total of 2 shares. Based on an average daily volume of 126 shares, the days-to-cover ratio is currently 0.3 days.

BlueScope Steel Price Performance

BlueScope Steel stock opened at $106.89 on Wednesday. BlueScope Steel has a 12 month low of $65.39 and a 12 month high of $121.37. The company has a fifty day moving average price of $113.56 and a two-hundred day moving average price of $106.14.

BlueScope Steel Company Profile

BlueScope Steel is an integrated steel producer headquartered in Melbourne, Australia, specializing in the manufacture and distribution of flat steel products and building solutions. The company’s core activities span the production of hot-rolled, cold-rolled, coated and painted steel products, as well as the design and supply of prefabricated buildings and steel framing systems. BlueScope serves a diverse customer base that includes construction, manufacturing, automotive, and distribution sectors.

Among its portfolio of branded products are COLORBOND® steel and ZINCALUME® steel, which are widely used in residential, commercial and industrial roofing and cladding applications.