Short Interest in Sims Limited (OTCMKTS:SMSMY) Declines By 18.2%

Sims Limited (OTCMKTS:SMSMY) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 900 shares, a decline of 18.2% from the January 31st total of 1,100 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 1.1 days.

Sims Stock Performance

Shares of SMSMY opened at $9.00 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.48. Sims has a 12 month low of $6.34 and a 12 month high of $9.16. The company’s fifty day moving average is $8.40 and its 200-day moving average is $8.14.

Sims Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be given a dividend of $0.0633 per share. This is an increase from Sims’s previous dividend of $0.06. The ex-dividend date is Friday, March 7th.

Sims Company Profile

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.