Today’s Short Interest: Today SUTOR TECH GROUP (OTCMKTS:TORZ) Reported Decrease in Shorted Shares

November 18, 2016 - By Hazel Jackson   ·   0 Comments

Today's Short Interest: Today SUTOR TECH GROUP (OTCMKTS:TORZ) Reported Decrease in Shorted Shares

The stock of SUTOR TECH GROUP (OTCMKTS:TORZ) registered a decrease of 41.3% in short interest. TORZ’s total short interest was 5,400 shares in November as published by FINRA. Its down 41.3% from 9,200 shares, reported previously. With 1,100 shares average volume, it will take short sellers 5 days to cover their TORZ’s short positions. The stock increased 12.70% or $0.017 on November 17, hitting $0.15. About 200 shares traded hands. Sutor Technology Group Ltd. (OTCMKTS:TORZ) has 0.00% since April 18, 2016 and is . It has underperformed by 4.43% the S&P500.

Sutor Technology Group Limited is a maker and customized service well-known provider for finished steel products and welded steel pipes used by a range of downstream applications. The company has a market cap of $1.27 million. The Firm utilizes a range of in-house developed processes and technologies to convert steel manufactured by third parties into finished steel products, including hot-dip galvanized steel, pre-painted galvanized steel, acid-pickled steel, cold-rolled steel and welded steel pipe products. It currently has negative earnings.

TORZ Company Profile

Sutor Technology Group Limited, incorporated on May 1, 1997, is a maker and customized service well-known provider for finished steel products used by a range of downstream applications. The Firm utilizes a range of in-house developed processes and technologies to convert steel manufactured by third parties into finished steel products, including hot-dip galvanized steel, pre-painted galvanized steel, acid-pickled steel, cold-rolled steel and welded steel pipe products.

More important recent Sutor Technology Group Ltd. (OTCMKTS:TORZ) news were published by: Prnewswire.com which released: “Sutor Technology Group Succeeded in Pre-painted Cold-rolled Steel Trial Production” on December 16, 2015, also Businesswire.com published article titled: “Global Spiral Welded Pipes and Tubes Strategic Business Report 2016-2022 …”, Seekingalpha.com published: “China Gerui: Steel Company’s Shares Ready To Shatter (CHOP)” on April 24, 2015. More interesting news about Sutor Technology Group Ltd. (OTCMKTS:TORZ) was released by: Washingtontimes.com and their article: “Patients call for reforms in Minnesota mental health care” with publication date: September 26, 2016.

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By Hazel Jackson


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