Ampco-Pittsburgh

AP

Ampco-Pittsburgh Corporation (American Metal Products Company) is a specialty steel manufacturer headquartered in Downtown Pittsburgh, Pennsylvania. It is one of several companies to bear the Ampco name, and it should not be confused with the Milwaukee-based copper base alloy producer, Ampco Metal Inc.; the Miami-based cabinetry company; the Swiss aluminum corporation; or the Dallas-based tool company. Ampco was formed in 1929 and is a conglomerate made up of several previously established small steel makers. Five small companies operate under the Ampco umbrella in two different product segments.

Ampco-Pittsburgh has been a target of short sellers for a while. The current short interest of 4.07% is slightly above the average of the last 12 months (1.63%).