Sims Limited (OTCMKTS:SMSMY - Get Free Report) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totalling 600 shares, a drop of 25.0% from the April 30th total of 800 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company's shares are short sold.
Analyst Ratings Changes
Separately, The Goldman Sachs Group downgraded Sims from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th.
Check Out Our Latest Stock Report on Sims
Sims Stock Up 5.4%
Sims stock traded up $0.51 during trading on Tuesday, reaching $9.99. 127 shares of the company were exchanged, compared to its average volume of 2,160. Sims has a 52-week low of $6.34 and a 52-week high of $10.39. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.48. The stock's 50 day simple moving average is $9.23 and its two-hundred day simple moving average is $8.71.
Sims Company Profile
(
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Sims Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals in Australia, Bangladesh, China, Turkey, the United States, and internationally. The company operates through six segments: North America Metals, Investment in SA Recycling, Australia/New Zealand Metals, UK Metals, Global Trading, and Sims Lifecycle Services.
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