Short Interest Buzzer: HORSEHEAD HOLDING CORPORATION (OTCMKTS:ZINCQ) Reports Decline in Sellers; Strong Momentum for Longs

November 22, 2016 - By Pete Kolinski   ·   0 Comments

Short Interest Buzzer: HORSEHEAD HOLDING CORPORATION (OTCMKTS:ZINCQ) Reports Decline in Sellers; Strong Momentum for Longs

The stock of HORSEHEAD HOLDING CORPORATION (OTCMKTS:ZINCQ) registered a decrease of 32.95% in short interest. ZINCQ’s total short interest was 1.46M shares in November as published by FINRA. Its down 32.95% from 2.18M shares, reported previously. With 11.03 million shares average volume, it will take short sellers 0 days to cover their ZINCQ’s short positions. The stock closed at $0.019 during the last session. It is down 81.82% since April 20, 2016 and is downtrending. It has underperformed by 86.37% the S&P500.

Horsehead Holding Corp. is a producer of zinc and nickel products sold primarily to clients throughout the United States and Canada. The company has a market cap of $1.15 million. The Firm is also a recycler of electric arc furnace dust in the United States and a recycler of hazardous and non-hazardous waste for the specialty steel industry. It currently has negative earnings. It operates in three divisions, which include Horsehead, Zochem and INMETCO.

ZINCQ Company Profile

Horsehead Holding Corp., incorporated on December 4, 2003, is a producer of zinc and nickel products sold primarily to clients throughout the United States and Canada. The Firm is also a recycler of electric arc furnace (EAF) dust in the United States and a recycler of hazardous and non-hazardous waste for the specialty steel industry. It operates in three divisions, which include Horsehead, Zochem and INMETCO. The Firm provides short-line railroad service for the movement of materials for both the Company and outside customers. The Company’s subsidiaries include Horsehead Corporation (Horsehead), Chestnut Ridge Railroad Corp., Horsehead Zinc Recycling, LLC, Horsehead Metals Development, LLC, Horsehead Metal Products, LLC (HMP), The International Metals Reclamation Company, LLC (INMETCO) and Zochem Inc. (Zochem).

More notable recent HORSEHEAD HOLDING CORP. (OTCMKTS:ZINCQ) news were published by: Bizjournals.com which released: “Here’s what it will take for Horsehead to get its Mooresboro plant up to capacity” on February 12, 2016, also Bizjournals.com with their article: “Horsehead files for Chapter 11 bankruptcy” published on February 02, 2016, Nytimes.com published: “How Bankrupt Is Horsehead Holding? Its Investors Want to Know” on August 26, 2016. More interesting news about HORSEHEAD HOLDING CORP. (OTCMKTS:ZINCQ) were released by: Wsj.com and their article: “Horsehead Holding Seeks Bankruptcy Protection” published on February 02, 2016 as well as Fool.com‘s news article titled: “Horsehead Holding Corp.’s Loss Deepens Due to Weak Commodity Prices” with publication date: November 09, 2015.

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By Pete Kolinski


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