Algoma Steel Group Inc. (NASDAQ:ASTLW – Get Free Report) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 8,400 shares, a decline of 37.3% from the March 31st total of 13,400 shares. Based on an average trading volume of 32,200 shares, the days-to-cover ratio is currently 0.3 days.
Algoma Steel Group Price Performance
NASDAQ ASTLW traded up $0.07 during mid-day trading on Friday, reaching $1.21. 12,022 shares of the stock were exchanged, compared to its average volume of 31,752. Algoma Steel Group has a one year low of $0.88 and a one year high of $1.97. The stock has a 50 day simple moving average of $1.26 and a 200-day simple moving average of $1.27.
About Algoma Steel Group
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