South32 Limited (OTCMKTS:SOUHY) Short Interest Update

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

South32 Trading Down 1.4 %

Shares of SOUHY traded down $0.15 during trading hours on Monday, reaching $10.34. 100,419 shares of the company's stock traded hands, compared to its average volume of 125,820. South32 has a 12 month low of $9.00 and a 12 month high of $13.34. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.85 and a current ratio of 2.39. The firm's 50 day simple moving average is $11.36 and its 200-day simple moving average is $11.23.

Analyst Ratings Changes

Separately, Citigroup lowered shares of South32 from a "strong-buy" rating to a "hold" rating in a research 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.

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