Aperam (OTCMKTS:APEMY) Short Interest Up 27.8% in May

Aperam (OTCMKTS:APEMY - Get Free Report) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 2,300 shares, an increase of 27.8% from the May 15th total of 1,800 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 5.8 days.

Analyst Upgrades and Downgrades

Separately, BNP Paribas downgraded shares of Aperam from a "strong-buy" rating to a "neutral" rating in a research report on Monday, April 7th.

Aperam Stock Performance

OTCMKTS APEMY remained flat at $31.37 during mid-day trading on Friday. 90 shares of the company traded hands, compared to its average volume of 171. The firm's fifty day moving average price is $30.11 and its 200 day moving average price is $29.55. Aperam has a twelve month low of $25.18 and a twelve month high of $35.75. The company has a quick ratio of 0.56, a current ratio of 2.82 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.30 billion, a price-to-earnings ratio of 8.99 and a beta of 1.36.

Aperam (OTCMKTS:APEMY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.11). Aperam had a net margin of 3.79% and a return on equity of 2.93%. The business had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.41 billion. As a group, research analysts forecast that Aperam will post 2.84 EPS for the current year.

Aperam Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 12th. Investors of record on Monday, May 19th were given a $0.444 dividend. This represents a yield of 5.9%. The ex-dividend date was Friday, May 16th. Aperam's payout ratio is currently 54.15%.

About Aperam

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.