Sims Limited (OTCMKTS:SMSMY) Short Interest Down 82.8% in July

Sims Limited (OTCMKTS:SMSMY) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totalling 500 shares, a decline of 82.8% from the July 15th total of 2,900 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 0.5 days.

Sims Stock Up 3.7 %

OTCMKTS:SMSMY traded up $0.24 during mid-day trading on Monday, reaching $6.65. 1,200 shares of the company’s stock traded hands, compared to its average volume of 1,085. The company has a 50 day moving average price of $6.82 and a 200-day moving average price of $7.64. Sims has a 12-month low of $6.34 and a 12-month high of $10.24.

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.