Short Interest in South32 Limited (OTCMKTS:SOUHY) Decreases By 68.2%

South32 Limited (OTCMKTS:SOUHY - Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 38,800 shares, a decrease of 68.2% from the January 15th total of 122,000 shares. Based on an average daily volume of 137,400 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

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

South32 Trading Up 0.4 %

SOUHY stock traded up $0.05 during midday trading on Friday, reaching $11.61. 72,834 shares of the company traded hands, compared to its average volume of 97,217. South32 has a 52-week low of $9.00 and a 52-week high of $13.34. The company has a current ratio of 2.39, a quick ratio of 1.85 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average of $10.78 and a 200-day moving average of $11.12.

South32 Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Friday, March 7th will be paid a dividend of $0.17 per share. This is a boost from South32's previous dividend of $0.14. The ex-dividend date of this dividend is Friday, March 7th.

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.