Sims Limited (OTCMKTS:SMSMY) Short Interest Update

Sims Limited (OTCMKTS:SMSMYGet Free Report) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 1,300 shares, a growth of 44.4% from the February 13th total of 900 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is currently 0.5 days.

Sims Stock Up 6.3 %

OTCMKTS:SMSMY opened at $9.15 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.48 and a debt-to-equity ratio of 0.20. Sims has a fifty-two week low of $6.34 and a fifty-two week high of $9.16. The firm’s fifty day simple moving average is $8.57 and its 200-day simple moving average is $8.20.

Sims Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be given a $0.0633 dividend. The ex-dividend date is Friday, March 7th. This is a positive change from Sims’s previous dividend of $0.06.

About Sims

(Get Free Report)

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.

Read More

Receive News & Ratings for Sims Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sims and related companies with MarketBeat.com's FREE daily email newsletter.