Short Interest in Algoma Central Co. (OTCMKTS:AGMJF) Grows By 7.4%

Algoma Central Co. (OTCMKTS:AGMJF) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 2,900 shares, a growth of 7.4% from the May 31st total of 2,700 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 14.5 days.

Algoma Central Stock Performance

Shares of AGMJF stock opened at $10.33 on Tuesday. Algoma Central has a twelve month low of $10.30 and a twelve month high of $11.50. The firm has a fifty day simple moving average of $10.49 and a 200-day simple moving average of $10.83.

Algoma Central Company Profile

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.