Short Interest in Sims Limited (OTCMKTS:SMSMY) Increases By 28.6%

Sims Limited (OTCMKTS:SMSMY - Get Free Report) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,800 shares, a growth of 28.6% from the October 31st total of 1,400 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is presently 0.7 days.

Sims Trading Down 0.2 %

OTCMKTS:SMSMY traded down $0.02 on Friday, reaching $8.45. 434 shares of the stock traded hands, compared to its average volume of 1,249. The company's 50 day moving average is $8.42 and its 200-day moving average is $7.48. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.48. Sims has a 1-year low of $6.34 and a 1-year high of $10.20.

Sims Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, October 28th. Shareholders of record on Wednesday, October 2nd were given a dividend of $0.0589 per share. The ex-dividend date was Wednesday, October 2nd.

About Sims

Sims Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals in Australia, Bangladesh, China, Turkey, the United States, and internationally. The company operates through six segments: North America Metals, Investment in SA Recycling, Australia/New Zealand Metals, UK Metals, Global Trading, and Sims Lifecycle Services.