Short Interest in Algoma Central Co. (OTCMKTS:AGMJF) Decreases By 11.3%

Algoma Central Co. (OTCMKTS:AGMJF) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 5,500 shares, a decrease of 11.3% from the December 31st total of 6,200 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 5.5 days.

Algoma Central Stock Performance

Shares of OTCMKTS AGMJF remained flat at $10.35 during trading on Friday. The firm has a 50-day moving average price of $10.43 and a 200 day moving average price of $10.64. Algoma Central has a 52-week low of $9.99 and a 52-week high of $11.52.

Algoma Central Company Profile

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.