Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIYY) Sees Large Growth in Short Interest

Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIYY) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 2 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Danieli & C. Officine Meccaniche Price Performance

Danieli & C. Officine Meccaniche stock remained flat at $37.55 during midday trading on Friday. Danieli & C. Officine Meccaniche has a 1 year low of $31.41 and a 1 year high of $37.84. The firm’s 50 day moving average price is $37.55 and its two-hundred day moving average price is $37.55.

About Danieli & C. Officine Meccaniche

Danieli & C. Officine Meccaniche S.p.A. is an Italian industrial engineering company that designs, manufactures and supplies equipment and complete plants for the metals industry. Its solutions support the production, processing and finishing of steel and other metals, serving steelmakers, foundries and related industrial customers.

The company’s product portfolio includes electric arc furnaces, melting and refining equipment, continuous casting machines, rolling mills, reheating furnaces and finishing lines.