South32 Limited (OTCMKTS:SOUHY) Short Interest Update

South32 Limited (OTCMKTS:SOUHY) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 16,600 shares, a decrease of 88.6% from the November 30th total of 145,700 shares. Based on an average trading volume of 144,700 shares, the short-interest ratio is currently 0.1 days.

South32 Stock Performance

Shares of SOUHY traded down $0.26 during mid-day trading on Friday, reaching $10.44. 95,039 shares of the company’s stock traded hands, compared to its average volume of 132,083. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.85 and a current ratio of 2.39. The business’s 50-day moving average price is $11.71 and its 200-day moving average price is $11.36. South32 has a 12 month low of $9.00 and a 12 month high of $13.34.

Analysts Set New Price Targets

Separately, Citigroup cut shares of South32 from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 12th.

About South32

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.