Sims Limited (OTCMKTS:SMSMY) Short Interest Up 28.6% in November

Sims Limited (OTCMKTS:SMSMY) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,800 shares, an increase 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 currently 0.7 days.

Sims Trading Down 0.2 %

Sims stock opened at $8.45 on Monday. Sims has a fifty-two week low of $6.34 and a fifty-two week high of $10.20. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.48. The firm’s fifty day moving average price is $8.42 and its 200-day moving average price is $7.49.

Sims Cuts Dividend

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