Short Interest in Maruichi Steel Tube Ltd. (OTC:MCHIF) Grows By 48.6%

Maruichi Steel Tube Ltd. (OTC:MCHIF) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 26,300 shares, an increase of 48.6% from the September 15th total of 17,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Maruichi Steel Tube Stock Down 66.7%

Shares of MCHIF stock opened at $2.44 on Friday. Maruichi Steel Tube has a fifty-two week low of $21.93 and a fifty-two week high of $21.93. The stock’s 50-day moving average is $14.23 and its two-hundred day moving average is $19.27.

Maruichi Steel Tube Company Profile

Maruichi Steel Tube Ltd. produces and sells steel tubes and steel sheet coatings in Japan, North America, and Asia. It offers water pipes, OCTGs, and electrical conduits for use in plant construction projects and power generation plants; mechanical tubes; lamp posts, road signs, traffic lights, security barriers, and other fabricated products.