South32 Limited (OTCMKTS:SOUHY) Short Interest Up 43.8% in November

South32 Limited (OTCMKTS:SOUHY) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 145,700 shares, an increase of 43.8% from the November 15th total of 101,300 shares. Based on an average trading volume of 117,800 shares, the short-interest ratio is presently 1.2 days.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group upgraded shares of South32 to a “strong sell” rating in a research report on Monday, August 19th.

South32 Price Performance

SOUHY traded down $0.16 during trading on Friday, reaching $10.67. The company had a trading volume of 71,791 shares, compared to its average volume of 131,924. The company has a quick ratio of 1.85, a current ratio of 2.39 and a debt-to-equity ratio of 0.15. South32 has a 52 week low of $9.00 and a 52 week high of $13.34. The business has a 50 day simple moving average of $12.02 and a 200-day simple moving average of $11.52.

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.