South32 Limited (OTCMKTS:SOUHY) Short Interest Update

South32 Limited (OTCMKTS:SOUHY) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 104,700 shares, a growth of 169.8% from the January 31st total of 38,800 shares. Based on an average daily volume of 204,300 shares, the days-to-cover ratio is currently 0.5 days.

South32 Trading Down 1.7 %

Shares of SOUHY stock traded down $0.19 during trading hours on Friday, hitting $11.07. The company had a trading volume of 73,234 shares, compared to its average volume of 88,927. South32 has a 12 month low of $9.00 and a 12 month high of $13.34. The company has a current ratio of 2.39, a quick ratio of 1.85 and a debt-to-equity ratio of 0.15. The firm’s fifty day moving average is $10.91 and its 200 day moving average is $11.25.

South32 Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Friday, March 7th will be paid a dividend of $0.17 per share. This is a positive change from South32’s previous dividend of $0.14. The ex-dividend date of this dividend is Friday, March 7th.

Analyst Ratings Changes

Separately, Citigroup raised shares of South32 from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 13th.

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.