South32 Limited (OTCMKTS:SOUHY) Short Interest Update

South32 Limited (OTCMKTS:SOUHY) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 101,300 shares, a decline of 19.5% from the October 31st total of 125,900 shares. Based on an average daily trading volume, of 167,100 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised shares of South32 to a “strong sell” rating in a research note on Monday, August 19th.

South32 Stock Down 0.8 %

OTCMKTS SOUHY opened at $12.11 on Monday. The business’s 50-day moving average price is $12.17 and its 200 day moving average price is $11.59. The company has a current ratio of 2.39, a quick ratio of 1.85 and a debt-to-equity ratio of 0.15. South32 has a twelve month low of $9.00 and a twelve month high of $13.34.

About South32

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.