Short Interest in South32 Limited (OTCMKTS:SOUHY) Rises By 337.3%

South32 Limited (OTCMKTS:SOUHY - Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 72,600 shares, an increase of 337.3% from the December 31st total of 16,600 shares. Based on an average daily volume of 262,300 shares, the days-to-cover ratio is currently 0.3 days.

South32 Stock Performance

Shares of OTCMKTS:SOUHY traded down $0.34 during midday trading on Friday, hitting $10.29. The company had a trading volume of 68,020 shares, compared to its average volume of 96,837. The business's 50-day simple moving average is $10.98 and its 200-day simple moving average is $11.07. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.39 and a quick ratio of 1.85. South32 has a twelve month low of $9.00 and a twelve month high of $13.34.

Analyst Upgrades and Downgrades

Separately, Citigroup cut South32 from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 12th.

South32 Company Profile

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.