Posted by admin on May 27th, 2022

Eramet S.A. (OTCMKTS:ERMAY – Get Rating) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 200 shares, an increase of 100.0% from the April 30th total of 100 shares. Based on an average trading volume of 13,200 shares, the short-interest ratio is presently 0.0 days.

Shares of Eramet stock traded up $0.73 during trading on Friday, hitting $15.24. The stock had a trading volume of 10,264 shares, compared to its average volume of 7,016. The stock has a 50 day simple moving average of $14.98 and a 200 day simple moving average of $11.73. Eramet has a 1 year low of $5.84 and a 1 year high of $17.68.

Separately, AlphaValue raised shares of Eramet to a “reduce” rating in a research report on Monday, March 7th.

ERAMET SA operates as a mining and metallurgical company worldwide. The company extracts and processes manganese ore, nickel ore, and mineral sands. It also produces ferronickel, high purity nickel metal, nickel salts, nickel and cobalt chlorides, nickel carbonate, nickel ferroalloys, and other metallic salts used in stainless steel, catalysis and pigments, and alloy steel and casting; manganese alloys, such as high-carbon ferromanganese, silicomanganese, low and medium-carbon ferromanganese, and low-carbon silicomanganese for use in batteries, fertilizers, pigments, different reagents, construction, and automotive industries; and mineral sands, such as titanium dioxide, high-purity pig iron, zircon, and ilmenite used in ceramics and pigments.

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