What Next for JFE HOLDINGS INC ORDINARY SHARES (OTCMKTS:JFEEF) Stock After Increase in Shorted Shares?

The stock of JFE HOLDINGS INC ORDINARY SHARES (OTCMKTS:JFEEF) registered an increase of 11.38% in short interest. JFEEF’s total short interest was 1.23M shares in September as published by FINRA. Its up 11.38% from 1.11M shares, reported previously. With 100 shares average volume, it will take short sellers 12317 days to cover their JFEEF’s short positions.

It closed at $11.72 lastly. It is down 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.

JFE Holdings, Inc., through its subsidiaries, engages in steel, engineering, and trading businesses in Japan and internationally. The company has market cap of $7.33 billion. The firm produces and sells various steel products, including sheets, plates, shapes, pipes and tubes, stainless and specialty steels, electrical steel sheets, and bars and wire rods, as well as iron powders and titanium products. It currently has negative earnings. It also provides engineering services in the fields of energy, urban environments, steel structures and industrial machines, recycling, and electricity retailing.

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