South32 Ltd. (OTCMKTS:SOUHY) Sees Significant Growth in Short Interest

South32 Ltd. (OTCMKTS:SOUHYGet Free Report) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 27,637 shares, a growth of 48.0% from the January 29th total of 18,679 shares. Based on an average daily volume of 135,279 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 135,279 shares, the short-interest ratio is presently 0.2 days.

South32 Trading Up 0.8%

Shares of South32 stock opened at $16.45 on Friday. South32 has a fifty-two week low of $7.52 and a fifty-two week high of $16.76. The business’s fifty day moving average is $14.42 and its two-hundred day moving average is $11.50. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.71 and a quick ratio of 1.83.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on SOUHY shares. Zacks Research upgraded South32 from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Citigroup reissued a “neutral” rating on shares of South32 in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Get Our Latest Analysis on SOUHY

South32 Company Profile

(Get Free Report)

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.

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