South32 Ltd. (OTCMKTS:SOUHY) Short Interest Up 21.9% in December

South32 Ltd. (OTCMKTS:SOUHYGet Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 306,906 shares, a growth of 21.9% from the December 15th total of 251,739 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 115,227 shares, the days-to-cover ratio is currently 2.7 days. Based on an average trading volume of 115,227 shares, the days-to-cover ratio is currently 2.7 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Several equities analysts recently weighed in on SOUHY shares. Zacks Research raised South32 from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Jefferies Financial Group raised South32 from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Get Our Latest Analysis on SOUHY

South32 Trading Up 0.1%

Shares of South32 stock opened at $13.88 on Tuesday. South32 has a fifty-two week low of $7.52 and a fifty-two week high of $13.94. The business’s fifty day moving average is $11.63 and its two-hundred day moving average is $10.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.43 and a quick ratio of 1.83.

About South32

(Get Free Report)

South32 is a diversified metals and mining company headquartered in Perth, Australia. Established in May 2015 through a demerger from BHP Billiton, the company focuses on the extraction, processing and marketing of commodities that underpin global industrial and consumer demand. South32’s portfolio includes alumina, aluminum, bauxite, metallurgical coal, manganese, nickel, silver, lead and zinc, making it a key participant across several commodity markets.

The company’s operations are organized by commodity and geography.

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