Sims Limited (OTCMKTS:SMSMY) Short Interest Up 66.7% in September

Sims Limited (OTCMKTS:SMSMYGet Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,000 shares, an increase of 66.7% from the September 15th total of 600 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 1.0 days.

Sims Stock Performance

Sims stock remained flat at $8.00 during midday trading on Friday. The company had a trading volume of 10 shares, compared to its average volume of 298. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.48. The business has a 50 day moving average of $7.37 and a 200-day moving average of $7.30. Sims has a fifty-two week low of $6.34 and a fifty-two week high of $10.20.

Sims Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, October 28th. Investors of record on Wednesday, October 2nd will be given a $0.0589 dividend. The ex-dividend date is Wednesday, October 2nd.

Sims Company Profile

(Get Free Report)

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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