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

June 29, 2018 - By Joseph Taylor

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

During Q1 2018 the big money sentiment decreased to 1.3. That’s change of 0.20, from 2017Q4’s 1.5. 10 investors sold all, 30 reduced holdings as Olympic Steel, Inc. ratio fall. 33 rose stakes while 19 funds acquired stakes. Funds hold 7.04 million shares thus 0.95% less from 2017Q4’s 7.11 million shares.
Grp One Trading L P stated it has 800 shs or 0% of all its holdings. Pennsylvania-based Vanguard Grp has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Comerica Natl Bank has 9,316 shs. Aqr Lc holds 0% of its capital in Olympic Steel, Inc. (NASDAQ:ZEUS) for 42,444 shs. 9,875 are held by Deutsche Financial Bank Ag. Thrivent Financial For Lutherans reported 25,536 shs stake. National Bank Of New York Mellon owns 0% invested in Olympic Steel, Inc. (NASDAQ:ZEUS) for 128,018 shs. Belgium-based Kbc Group Inc Nv has invested 0.01% in Olympic Steel, Inc. (NASDAQ:ZEUS). 50,476 were reported by Jacobs Levy Equity Management. Invesco Ltd owns 53,296 shs. 108,106 are owned by Northern. Jpmorgan Chase And Com holds 0% of its capital in Olympic Steel, Inc. (NASDAQ:ZEUS) for 15,720 shs. Brandywine Invest Mngmt Limited Liability Co has 0.01% invested in Olympic Steel, Inc. (NASDAQ:ZEUS). Foundry Ptnrs Ltd Liability Co has 0.24% invested in Olympic Steel, Inc. (NASDAQ:ZEUS) for 278,990 shs. Dimensional Fund Advsr Limited Partnership owns 928,489 shs.

It was showed a decrease on Olympic Steel Inc (NASDAQ:ZEUS)’s shares shorted with 53.72%. FINRA published shares shorted 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 restore its previous position. Olympic Steel Inc’s shares shorted float is 1.18%.

The stock decreased 0.77% or $0.16 during the last trading session, hitting $20.58.Olympic Steel, Inc. has volume of 30,076 shares. Since June 29, 2017 ZEUS has risen 32.29% and is uptrending. ZEUS outperformed the S&P500 by 19.72%.

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.The P/E ratio is 12.41. 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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