Kobe Steel, Ltd. (OTCMKTS:KBSTF) Short Interest Update

Kobe Steel, Ltd. (OTCMKTS:KBSTF) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,553,000 shares, a growth of 19.9% from the October 31st total of 2,128,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 25,530.0 days.

Kobe Steel Price Performance

Shares of KBSTF remained flat at $9.65 during trading hours on Monday. The company has a 50-day moving average price of $10.96 and a 200 day moving average price of $11.96. Kobe Steel has a 1-year low of $9.65 and a 1-year high of $9.65.

Kobe Steel Company Profile

Kobe Steel, Ltd. engages in the materials, machinery, and electric power businesses worldwide. The company offers steel sheet products, including high-tensile strength, hot and cold rolled, electro-galvanized, and hot-dipped galvanized steel sheets; steel wire rods and bars; and aluminum and steel plates.