South32 Limited (OTCMKTS:SOUHY) Short Interest Update

South32 Limited (OTCMKTS:SOUHY - Get Free Report) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 116,300 shares, a growth of 655.2% from the March 31st total of 15,400 shares. Based on an average daily volume of 324,600 shares, the days-to-cover ratio is currently 0.4 days.

South32 Stock Up 2.5 %

South32 stock traded up $0.27 during mid-day trading on Friday, reaching $11.06. 343,492 shares of the company traded hands, compared to its average volume of 189,397. The firm's 50 day moving average price is $9.96 and its 200 day moving average price is $10.40. South32 has a 52-week low of $9.01 and a 52-week high of $14.57.

South32 Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Friday, March 8th were given a $0.0184 dividend. The ex-dividend date of this dividend was 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.