Short Interest in Sims Limited (OTCMKTS:SMSMY) Rises By 58.3%

Sims Limited (OTCMKTS:SMSMY) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,900 shares, a growth of 58.3% from the November 30th total of 1,200 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 2.1 days.

Sims Stock Performance

Shares of SMSMY opened at $7.36 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.48 and a debt-to-equity ratio of 0.20. The firm’s 50 day moving average is $8.29 and its 200-day moving average is $7.59. Sims has a 12-month low of $6.34 and a 12-month high of $10.20.

About Sims

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.