Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Short Interest Update

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 106,600 shares, a decrease of 40.6% from the August 31st total of 179,500 shares. Based on an average daily volume of 40,100 shares, the days-to-cover ratio is currently 2.7 days.

Usinas Siderúrgicas de Minas Gerais Trading Up 0.9 %

USNZY opened at $1.13 on Thursday. The company has a current ratio of 3.25, a quick ratio of 1.89 and a debt-to-equity ratio of 0.25. The business’s 50-day moving average is $1.19 and its two-hundred day moving average is $1.48. Usinas Siderúrgicas de Minas Gerais has a 1 year low of $1.00 and a 1 year high of $2.23.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last issued its quarterly earnings data on Friday, July 26th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.06). Usinas Siderúrgicas de Minas Gerais had a return on equity of 4.82% and a net margin of 4.61%. The firm had revenue of $1.22 billion during the quarter. Sell-side analysts anticipate that Usinas Siderúrgicas de Minas Gerais will post 0.06 EPS for the current fiscal year.

About Usinas Siderúrgicas de Minas Gerais

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.