Short Interest in South32 Limited (OTCMKTS:SOUHY) Grows By 43.9%

South32 Limited (OTCMKTS:SOUHY - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 15,400 shares, a growth of 43.9% from the February 29th total of 10,700 shares. Based on an average trading volume of 436,500 shares, the days-to-cover ratio is presently 0.0 days.

South32 Stock Performance

Shares of South32 stock traded up $0.09 during mid-day trading on Friday, reaching $9.71. 224,276 shares of the stock traded hands, compared to its average volume of 206,572. South32 has a fifty-two week low of $9.01 and a fifty-two week high of $15.27. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.08 and a quick ratio of 1.37. The business has a 50-day moving average of $9.92 and a 200 day moving average of $10.41.

South32 Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 4th. Investors of record on Friday, March 8th will be issued a $0.0184 dividend. The ex-dividend date of this dividend is Thursday, March 7th.

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.