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

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY - Get Free Report) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totalling 153,700 shares, a growth of 71.2% from the April 30th total of 89,800 shares. Based on an average trading volume of 145,700 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.0% of the shares of the stock are short sold.

Usinas Siderúrgicas de Minas Gerais Price Performance

OTCMKTS:USNZY traded up $0.03 during mid-day trading on Monday, hitting $0.99. 54,792 shares of the company's stock traded hands, compared to its average volume of 51,863. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.14 and a current ratio of 3.72. The firm's 50 day simple moving average is $0.99 and its 200 day simple moving average is $1.00. Usinas Siderúrgicas de Minas Gerais has a 1 year low of $0.82 and a 1 year high of $1.58. The company has a market cap of $542.34 million, a PE ratio of -49.50, a price-to-earnings-growth ratio of 6.54 and a beta of 1.69.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY - Get Free Report) last posted its earnings results on Thursday, April 24th. The basic materials company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.03. Usinas Siderúrgicas de Minas Gerais had a negative net margin of 0.33% and a negative return on equity of 0.31%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $6.50 billion. Sell-side analysts expect that Usinas Siderúrgicas de Minas Gerais will post 0.09 EPS for the current year.

Usinas Siderúrgicas de Minas Gerais Company Profile

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.