FLSmidth & Co. A/S (OTCMKTS:FLIDF) Sees Large Increase in Short Interest

FLSmidth & Co. A/S (OTCMKTS:FLIDF) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 29,600 shares, an increase of 20.8% from the March 31st total of 24,500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 296.0 days.

FLSmidth & Co. A/S Price Performance

OTCMKTS FLIDF remained flat at $52.00 during trading on Tuesday. The firm’s fifty day moving average price is $45.37 and its two-hundred day moving average price is $42.59. FLSmidth & Co. A/S has a 12-month low of $40.00 and a 12-month high of $52.00.

About FLSmidth & Co. A/S

FLSmidth & Co A/S provides flowsheet technology and service solutions for the mining and cement industries in North America, South America, Europe, North and Sub-Saharan Africa, the Middle East, Central and South Asia, the Asia Pacific, and Australia. It operates in three segments: Mining, Cement, and Non-Core Activities.