Sims Limited (OTCMKTS:SMSMY) Short Interest Up 44.4% in February

Sims Limited (OTCMKTS:SMSMY) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 1,300 shares, an increase of 44.4% from the February 13th total of 900 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.

Sims Stock Up 6.3 %

Shares of SMSMY opened at $9.15 on Tuesday. Sims has a 1 year low of $6.34 and a 1 year high of $9.16. The business’s 50 day simple moving average is $8.60 and its 200-day simple moving average is $8.23. The company has a quick ratio of 1.06, a current ratio of 1.48 and a debt-to-equity ratio of 0.20.

Sims Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be issued a dividend of $0.0633 per share. This is a boost from Sims’s previous dividend of $0.06. The ex-dividend date of this dividend is Friday, March 7th.

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.