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

BlueScope Steel Limited (OTCMKTS:BLSFY) was the target 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 trading volume, of 126 shares, the short-interest ratio is currently 0.3 days.

BlueScope Steel Stock Performance

Shares of OTCMKTS BLSFY remained flat at $106.89 during mid-day trading on Tuesday. 11 shares of the company traded hands, compared to its average volume of 359. BlueScope Steel has a twelve month low of $65.39 and a twelve month high of $121.37. The firm’s 50 day moving average price is $113.64 and its 200-day moving average price is $106.12.

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.