South32 Limited (OTCMKTS:SOUHY) Sees Large Increase in Short Interest

South32 Limited (OTCMKTS:SOUHY) was the target of a large growth in short interest in 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 daily trading volume, of 324,600 shares, the short-interest ratio is presently 0.4 days.

South32 Price Performance

Shares of South32 stock traded up $0.16 during trading hours on Friday, hitting $10.79. The company’s stock had a trading volume of 242,434 shares, compared to its average volume of 166,939. The business has a 50 day moving average price of $9.92 and a two-hundred day moving average price of $10.40. South32 has a 12-month low of $9.01 and a 12-month high of $14.57.

South32 Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Friday, March 8th were paid a $0.0184 dividend. The ex-dividend date 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.