South32 Ltd. (OTCMKTS:SOUHY) Short Interest Update

South32 Ltd. (OTCMKTS:SOUHY) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 123,426 shares, an increase of 131.5% from the March 31st total of 53,310 shares. Based on an average trading volume of 111,676 shares, the short-interest ratio is currently 1.1 days. Approximately 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SOUHY shares. Zacks Research lowered shares of South32 from a “hold” rating to a “strong sell” rating in a report on Monday, April 6th. Citigroup raised shares of South32 from a “neutral” rating to a “buy” rating in a research report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

South32 Stock Performance

OTCMKTS:SOUHY opened at $15.38 on Monday. South32 has a 12 month low of $8.07 and a 12 month high of $16.89. The company has a 50 day simple moving average of $15.56 and a two-hundred day simple moving average of $13.34. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.14.

South32 Company Profile

South32 is a diversified metals and mining company headquartered in Perth, Australia. Established in May 2015 through a demerger from BHP Billiton, the company focuses on the extraction, processing and marketing of commodities that underpin global industrial and consumer demand. South32’s portfolio includes alumina, aluminum, bauxite, metallurgical coal, manganese, nickel, silver, lead and zinc, making it a key participant across several commodity markets.

The company’s operations are organized by commodity and geography.