Olympic Steel Inc (NASDAQ:ZEUS) Sellers Declined Their Shorts By 53.72%

June 29, 2018 - By Michael Day

Olympic Steel, Inc. (NASDAQ:ZEUS) Corporate Logo

Big Money Sentiment decreased to 1.3 in Q1 2018. It has change of 0.20, from 2017Q4’s 1.5. The ratio is negative due to Olympic Steel, Inc. positioning: 10 sold and 30 reduced. 19 funds acquired positions and 33 increased positions. Investors holded 7.11 million in 2017Q4 but now own 7.04 million shares or 0.95% less.
New York State Common Retirement Fund has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Morgan Stanley owns 156,100 shs. Citigroup has 2,915 shs for 0% of their capital. Great West Life Assurance Com Can reported 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Schwab Charles Investment Mgmt Incorporated owns 0% invested in Olympic Steel, Inc. (NASDAQ:ZEUS) for 132,930 shs. Vanguard Group Inc invested in 573,361 shs or 0% of the stock. Nordea Investment Mngmt Ab owns 0% invested in Olympic Steel, Inc. (NASDAQ:ZEUS) for 90,700 shs. Bnp Paribas Arbitrage has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Arizona State Retirement Sys has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Kistler stated it has 0% of its capital in Olympic Steel, Inc. (NASDAQ:ZEUS). 122,419 were reported by Guggenheim Limited Liability Company. Dimensional Fund Advsrs L P owns 928,489 shs. Franklin Res invested in 0% or 163,200 shs. Peak6 Ltd Partnership stated it has 14,785 shs. Matarin Mngmt Limited Company owns 187,570 shs.

It was recorded a decrease on Olympic Steel Inc (NASDAQ:ZEUS)’s short interest with 53.72%. FINRA issued short interest of ZEUS’s total 106,900 shares. Previously was reported down change of 53.72% from 231,000 shares. Olympic Steel Inc (NASDAQ:ZEUS) has 88,600 shares average volume. It’ll cost 1 days for ZEUS to recover its former position. Olympic Steel Inc’s short interest float is 1.18%.

Ticker’s shares touched $20.58 during the last trading session after 0.77% change.Currently Olympic Steel, Inc. is uptrending after 32.29% change in last June 29, 2017. ZEUS has also 30,076 shares volume. ZEUS outperformed by 19.72% the S&P500.

Olympic Steel, Inc. processes and distributes metal products in the United States and internationally.The firm is worth $226.35 million. It operates in three divisions: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products.12.41 is the P/E ratio. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts.

Olympic Steel, Inc. (NASDAQ:ZEUS) Institutional Investors Chart

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