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

FLSmidth & Co. A/S (OTCMKTS:FLIDF) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 344,600 shares, an increase of 43.4% from the November 15th total of 240,300 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 1,148.7 days.

FLSmidth & Co. A/S Price Performance

OTCMKTS:FLIDF opened at $52.00 on Friday. FLSmidth & Co. A/S has a 52 week low of $52.00 and a 52 week high of $52.00. The firm’s 50-day simple moving average is $52.00 and its 200 day simple moving average is $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.