Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIYY) Short Interest Up 200.0% in July

Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIYY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 300 shares, a growth of 200.0% from the June 30th total of 100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 3.0 days.

Danieli & C. Officine Meccaniche Stock Performance

Shares of OTCMKTS:DNIYY opened at $33.48 on Thursday. The company’s fifty day moving average price is $30.20 and its 200 day moving average price is $29.50. Danieli & C. Officine Meccaniche has a 12 month low of $31.41 and a 12 month high of $34.48.

About Danieli & C. Officine Meccaniche

Danieli & C. Officine Meccaniche S.p.A. designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia. It operates through two segments, Plant Making and Steel Making. The company designs and builds plants for various process areas, including mines; pellet production plants; blast furnaces; direct reduction; scrap shredders; steelworks for production of liquid steel; and continuous casting for blooms and billets, slabs, and thin slabs.