South32 Limited (OTCMKTS:SOUHY) Short Interest Update

South32 Limited (OTCMKTS:SOUHY) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 38,800 shares, a decrease of 68.2% from the January 15th total of 122,000 shares. Based on an average daily trading volume, of 137,400 shares, the days-to-cover ratio is currently 0.3 days.

South32 Stock Up 1.1 %

OTCMKTS:SOUHY traded up $0.12 during mid-day trading on Wednesday, hitting $10.83. 91,711 shares of the company’s stock traded hands, compared to its average volume of 102,382. The company has a fifty day moving average of $10.80 and a 200 day moving average of $11.09. The company has a current ratio of 2.39, a quick ratio of 1.85 and a debt-to-equity ratio of 0.15. South32 has a twelve month low of $9.00 and a twelve month high of $13.34.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered shares of South32 from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 12th.

South32 Company Profile

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.