Sherritt International Co. (OTCMKTS:SHERF) Sees Significant Decrease in Short Interest

Sherritt International Co. (OTCMKTS:SHERF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 179,083 shares, a decline of 58.7% from the December 15th total of 434,122 shares. Based on an average daily trading volume, of 68,308 shares, the short-interest ratio is currently 2.6 days. Based on an average daily trading volume, of 68,308 shares, the short-interest ratio is currently 2.6 days.

Sherritt International Price Performance

SHERF opened at $0.19 on Wednesday. The business has a 50 day moving average of $0.12 and a 200-day moving average of $0.11. Sherritt International has a 1-year low of $0.08 and a 1-year high of $0.20.

About Sherritt International

Sherritt International Corporation is a Canada‐based resource company specializing in the production and marketing of nickel and cobalt, as well as in the development and operation of oil and gas assets. Founded in 1927, Sherritt has evolved into one of the world’s largest independent producers of these critical battery metals, leveraging hydrometallurgical processing to transform lateritic ores into high‐purity end products for global markets.

The company’s metals segment includes its 50/50 joint venture with General Nickel Company in Cuba (Moa Joint Venture) and a majority interest in the Ambatovy nickel‐cobalt project in Madagascar.