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

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

South32 Price Performance

SOUHY traded down $0.16 on Friday, reaching $10.67. The company had a trading volume of 71,791 shares, compared to its average volume of 131,924. The stock has a 50-day moving average price of $12.02 and a 200-day moving average price of $11.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.39 and a quick ratio of 1.85. South32 has a 1 year low of $9.00 and a 1 year high of $13.34.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group upgraded shares of South32 to a “strong sell” rating in a research note 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.