Eramet S.A. (OTCMKTS:ERMAY) Short Interest Up 25.6% in April

Eramet S.A. (OTCMKTS:ERMAY) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 5,400 shares, an increase of 25.6% from the March 31st total of 4,300 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is presently 1.7 days.

Eramet Price Performance

Shares of ERMAY stock traded down $0.37 on Tuesday, hitting $9.59. The stock had a trading volume of 1,768 shares, compared to its average volume of 2,688. Eramet has a twelve month low of $6.32 and a twelve month high of $9.99. The company has a fifty day moving average price of $7.57 and a two-hundred day moving average price of $7.33.

Eramet Company Profile

ERAMET SA operates as a mining and metallurgical company in France, Asia, Europe, North America, and internationally. The company extracts and processes manganese ore and nickel ore; and extracts and develops mineral sands. It also produces ferronickel, nickel pig iron, briquettes, nickel salts, high purity nickel, nickel ferroalloys, and alloy steel and casting; manganese alloys, such as high-carbon ferromanganese, silicomanganese, low and medium-carbon ferromanganese, and low-carbon silicomanganese for use in batteries, pigments, construction, and automotive industries; and mineral sands, such as titanium dioxide, high-purity pig iron, zircon, and ilmenite used in ceramics and pigments.