Sims Limited (OTCMKTS:SMSMY) Sees Large Increase in Short Interest

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

Sims Price Performance

SMSMY opened at $7.36 on Monday. Sims has a fifty-two week low of $6.34 and a fifty-two week high of $10.20. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.48 and a quick ratio of 1.06. The firm has a 50 day simple moving average of $8.29 and a 200 day simple moving average of $7.59.

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.