South32 Ltd. (OTCMKTS:SOUHY) Short Interest Update

South32 Ltd. (OTCMKTS:SOUHY) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 67,403 shares, an increase of 143.9% from the February 12th total of 27,637 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 88,258 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 88,258 shares, the short-interest ratio is presently 0.8 days. Currently, 0.0% of the shares of the company are sold short.

South32 Price Performance

South32 stock opened at $15.39 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.99 and a current ratio of 2.71. The business has a 50 day simple moving average of $15.20 and a 200-day simple moving average of $11.93. South32 has a 12 month low of $7.52 and a 12 month high of $16.89.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a “neutral” rating on shares of South32 in a report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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.