Short Interest in South32 Limited (OTCMKTS:SOUHY) Increases By 655.2%

South32 Limited (OTCMKTS:SOUHY) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 116,300 shares, a growth of 655.2% from the March 31st total of 15,400 shares. Based on an average trading volume of 324,600 shares, the days-to-cover ratio is presently 0.4 days.

South32 Stock Performance

Shares of OTCMKTS:SOUHY traded up $0.27 on Friday, hitting $11.06. The company’s stock had a trading volume of 340,992 shares, compared to its average volume of 189,397. South32 has a 1 year low of $9.01 and a 1 year high of $14.57. The company has a 50-day simple moving average of $9.92 and a 200 day simple moving average of $10.40.

South32 Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Friday, March 8th were given a $0.0184 dividend. The ex-dividend date of this dividend was Thursday, March 7th.

South32 Company Profile

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.