Eramet S.A. (OTCMKTS:ERMAY) Short Interest Down 48.5% in September

Eramet S.A. (OTCMKTS:ERMAY) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 1,700 shares, a decline of 48.5% from the September 15th total of 3,300 shares. Based on an average daily trading volume, of 1,300 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 1,300 shares, the short-interest ratio is currently 1.3 days.

Eramet Stock Performance

Shares of ERMAY stock opened at $7.29 on Tuesday. Eramet has a 12 month low of $4.44 and a 12 month high of $7.71. The company’s fifty day moving average price is $6.31 and its 200-day moving average price is $5.85.

About Eramet

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.