Gerdau AmeriSteel Corp. (GNA)

[eastunder]

GNA: Short Interest DN 45.1% to 1.3M in Mid Mar 2009

Wednesday, March 25, 2009 06:00ET

According to new short interest data from NYSE, short interest for Gerdau Ameristeel Corp (NYSE: GNA) DECREASED 45.1% to 1,268,066 shares as reported in mid-March, 2009.

SYMBOL      END FEBRUARY       MID MARCH          CHANGE       %CHANGE  DAYS/COVER 
 --------   -------------   -------------   -------------  ------------  ---------- 
 GNA            2,309,684       1,268,066      -1,041,618       -45.10%           2

Based on GNA's 20-day average daily share volume of 1,086,225, it would require approximately 2 day(s) of buying to cover this short interest.