Algoma Central Co. (OTCMKTS:AGMJF) Short Interest Up 13.8% in March

Algoma Central Co. (OTCMKTS:AGMJF) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 3,300 shares, a growth of 13.8% from the March 15th total of 2,900 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 4.7 days.

Algoma Central Stock Performance

Algoma Central stock opened at $10.75 on Monday. Algoma Central has a one year low of $10.59 and a one year high of $11.60. The business has a 50 day simple moving average of $11.05 and a 200 day simple moving average of $10.92.

About Algoma Central

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.