Eregli Demir ve Çelik Fabrikalari T.A.S. (OTCMKTS:ERELY) Stock Short Interest Report for September

Eregli Demir ve Çelik Fabrikalari T.A.S. (OTCMKTS:ERELY) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 496 shares, a growth of 391.1% from the September 15th total of 101 shares. Based on an average daily volume of 92 shares, the days-to-cover ratio is currently 5.4 days.

Eregli Demir ve Çelik Fabrikalari T.A.S. Price Performance

Shares of ERELY stock opened at $7.62 on Friday. The business’s 50-day moving average price is $8.43 and its 200-day moving average price is $7.92. Eregli Demir ve Çelik Fabrikalari T.A.S. has a 12 month low of $7.15 and a 12 month high of $8.02.

Eregli Demir ve Çelik Fabrikalari T.A.S. Company Profile

Ere?li Demir ve Çelik Fabrikalar? T.A.?., commonly known as Erdemir, is a Turkey-based integrated steel producer. The company manufactures flat steel products used in industries including automotive, construction, appliances, energy, machinery and general manufacturing.

Erdemir’s product portfolio includes hot-rolled and cold-rolled steel, galvanized steel, tinplate, heavy plate and other specialized steel products. Its operations include steelmaking, rolling, finishing and related industrial activities, supported by facilities in Türkiye’s Black Sea and Mediterranean regions through the Erdemir Group.

Founded in 1960, Erdemir has grown into one of Türkiye’s major steel producers.