Posted by admin on May 14th, 2022
Kobe Steel, Ltd. (OTCMKTS:KBSTF – Get Rating) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totalling 480,100 shares, a decline of 76.7% from the April 15th total of 2,057,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 4,801.0 days.
Shares of KBSTF stock opened at $5.08 on Friday. The stock’s fifty day simple moving average is $4.83 and its 200 day simple moving average is $5.10. Kobe Steel has a one year low of $4.00 and a one year high of $8.04.
Kobe Steel Company Profile (Get Rating)
Kobe Steel, Ltd. engages in the materials, machinery, and electric power businesses in Japan, North and South Americas, Europe, the Middle East, rest of Asia, and Oceania. The company offers steel sheet products, including high-tensile strength, hot rolled, cold rolled, electro-galvanized, and hot-dipped galvanized steel sheets; steel wire rods and bars; and aluminum and steel plates.
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