Short Interest in Sims Metal Management Ltd. (OTCMKTS:SMSMY) Declines By 66.3%

Sims Metal Management Ltd. (OTCMKTS:SMSMY) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 1,212 shares, a decrease of 66.3% from the January 29th total of 3,601 shares. Based on an average daily trading volume, of 9,888 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 9,888 shares, the short-interest ratio is currently 0.1 days.

Sims Metal Management Price Performance

Sims Metal Management stock opened at $15.85 on Friday. Sims Metal Management has a fifty-two week low of $7.30 and a fifty-two week high of $16.95. The stock’s 50 day simple moving average is $13.75 and its two-hundred day simple moving average is $11.17. The company has a quick ratio of 1.13, a current ratio of 1.66 and a debt-to-equity ratio of 0.20.

About Sims Metal Management

Sims Metal Management, trading over-the-counter under the symbol SMSMY, is the global metal recycling division of Sims Limited. Established in the early 20th century, the company has grown into one of the world’s leading recyclers of ferrous and non-ferrous metals. It serves a diverse customer base, including steel mills, foundries, manufacturers and fabricators, by collecting, processing and trading scrap metal commodities.

The company’s core activities encompass the sourcing and processing of end-of-life metal products.