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

June 29, 2018 - By Gwen Gough

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 bought positions and 33 increased positions. Investors holded 7.11 million in 2017Q4 but now own 7.04 million shares or 0.95% less.
Thrivent For Lutherans has 25,536 shs for 0% of their capital. 23,000 were reported by Globeflex Capital L P. Matarin Capital Ltd holds 0% in Olympic Steel, Inc. (NASDAQ:ZEUS) or 187,570 shs. Sg Capital Mgmt Ltd Liability owns 92,154 shs for 0.36% of their capital. Ameritas Invest Partners holds 846 shs or 0% of its capital. Vanguard Gru Incorporated holds 573,361 shs or 0% of its capital. Van Eck reported 0% of its capital in Olympic Steel, Inc. (NASDAQ:ZEUS). Natl Bank Of America De has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Ancora Advsrs Ltd Liability reported 0.04% of its capital in Olympic Steel, Inc. (NASDAQ:ZEUS). 100 are held by Kistler. Blackrock Inc holds 1.34M shs. State Of Alaska Department Of Revenue holds 0% or 2,946 shs in its capital. Clarivest Asset Mngmt Ltd Liability Com invested 0.03% in Olympic Steel, Inc. (NASDAQ:ZEUS). Price T Rowe Incorporated Md invested in 16,441 shs. Reilly Financial Advsr Llc invested in 37 shs or 0% of the stock.

It was registered a decrease on Olympic Steel Inc (NASDAQ:ZEUS)’s shares shorted with 53.72%. FINRA announced 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 former position. Olympic Steel Inc’s shares shorted float is 1.18%.

The stock decreased 0.77% or $0.16 during the last trading session, reaching $20.58.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&P 500.

Olympic Steel, Inc. processes and distributes metal products in the United States and internationally.The company has $226.35 million market cap. 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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