A.M. Castle & Co. (OTCMKTS:CTAM) Sees Significant Drop in Short Interest

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A.M. Castle & Co. (OTCMKTS:CTAM) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 100 shares, a drop of 90.0% from the December 15th total of 1,000 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is presently 0.0 days.

Shares of CTAM remained flat at $$3.20 during trading hours on Wednesday. A.M. Castle & Co. has a twelve month low of $0.20 and a twelve month high of $2.00. The company has a 50-day simple moving average of $1.52 and a two-hundred day simple moving average of $0.78.

A.M. Castle & Co. Company Profile

A. M. Castle & Co, together with its subsidiaries, operates as a specialty metals distribution company in the United States, Canada, Mexico, France, Spain, China, and Singapore. The company provides a range of products, and value-added processing and supply chain services to various customers. Its products include alloy, aluminum, stainless steel, nickel, carbon, and titanium in plate, sheet, extrusions, round bar, hexagon bar, square and flat bar, tubing, and coil forms.

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