Sims Limited (OTCMKTS:SMSMY) Short Interest Update

Sims Limited (OTCMKTS:SMSMY) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 1,300 shares, a growth of 62.5% from the May 31st total of 800 shares. Based on an average daily volume of 3,500 shares, the short-interest ratio is currently 0.4 days.

Sims Price Performance

Shares of SMSMY remained flat at $6.82 during mid-day trading on Friday. The company’s 50-day moving average price is $7.24 and its 200-day moving average price is $8.28. Sims has a 1-year low of $6.78 and a 1-year high of $10.57.

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.