South32 Limited (OTCMKTS:SOUHY) Short Interest Update

South32 Limited (OTCMKTS:SOUHY - Get Free Report) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 24,100 shares, a decline of 83.6% from the March 31st total of 146,700 shares. Based on an average daily volume of 804,500 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

South32 Stock Performance

Shares of OTCMKTS:SOUHY traded down $0.24 during trading on Wednesday, hitting $8.61. 208,732 shares of the stock traded hands, compared to its average volume of 152,594. The company has a fifty day moving average price of $9.93 and a two-hundred day moving average price of $10.88. South32 has a 52-week low of $7.52 and a 52-week high of $13.34. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.39 and a quick ratio of 1.85.

South32 Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 3rd. Stockholders of record on Friday, March 7th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, March 7th. This is a boost from South32's previous dividend of $0.14.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Citigroup reiterated a "buy" rating on shares of South32 in a research note on Tuesday, March 25th. UBS Group downgraded shares of South32 from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Canaccord Genuity Group raised shares of South32 from a "strong sell" rating to a "hold" rating in a report on Wednesday, April 23rd. Finally, BNP Paribas raised South32 to a "neutral" rating in a research report on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold".

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.