South32 Limited (OTCMKTS:SOUHY) Short Interest Down 19.5% in November

South32 Limited (OTCMKTS:SOUHY) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 101,300 shares, a decline of 19.5% from the October 31st total of 125,900 shares. Based on an average trading volume of 167,100 shares, the days-to-cover ratio is presently 0.6 days.

South32 Stock Down 0.8 %

Shares of South32 stock opened at $12.11 on Friday. South32 has a 1 year low of $9.00 and a 1 year high of $13.34. The company has a quick ratio of 1.85, a current ratio of 2.39 and a debt-to-equity ratio of 0.15. The stock has a fifty day moving average price of $12.17 and a 200-day moving average price of $11.60.

Analyst Ratings Changes

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

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.