BlueScope Steel Limited (OTCMKTS:BLSFY – Get Free Report) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 1 shares, a drop of 97.3% from the July 30th total of 37 shares. Based on an average daily trading volume, of 24 shares, the days-to-cover ratio is presently 0.0 days.
BlueScope Steel Stock Performance
Shares of OTCMKTS:BLSFY opened at $106.89 on Thursday. The stock has a 50 day moving average of $111.62 and a 200 day moving average of $106.27. BlueScope Steel has a 12-month low of $65.39 and a 12-month high of $121.37.
About BlueScope Steel
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.
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