Sims Limited (OTCMKTS:SMSMY – Get Free Report) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 1,300 shares, an increase of 44.4% from the February 13th total of 900 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short.
Sims Trading Up 6.3 %
SMSMY opened at $9.15 on Friday. The firm has a 50 day moving average price of $8.57 and a 200 day moving average price of $8.20. Sims has a 1 year low of $6.34 and a 1 year high of $9.16. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.48 and a quick ratio of 1.06.
Sims Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be given a dividend of $0.0633 per share. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Sims’s previous dividend of $0.06.
About Sims
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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