RAVE Restaurant Group, Inc. (RAVE) Forms $1.56 Double Bottom; SIMS METAL MANAGEMENT LTD SPONSORED AMER (SMSMY) Shorts Increased By 93.55%

SIMS METAL MANAGEMENT LTD SPONSORED AMER (OTCMKTS:SMSMY) had an increase of 93.55% in short interest. SMSMY’s SI was 6,000 shares in February as released by FINRA. Its up 93.55% from 3,100 shares previously. With 14,300 avg volume, 0 days are for SIMS METAL MANAGEMENT LTD SPONSORED AMER (OTCMKTS:SMSMY)’s short sellers to cover SMSMY’s short positions. The stock decreased 0.22% or $0.03 during the last trading session, reaching $13.59. About shares traded. Sims Metal Management Limited (OTCMKTS:SMSMY) has 0.00% since February 28, 2017 and is . It has underperformed by 16.70% the S&P500.

RAVE Restaurant Group, Inc. (RAVE) formed double bottom with $1.50 target or 4.00% below today’s $1.56 share price. RAVE Restaurant Group, Inc. (RAVE) has $23.24 million valuation. The stock decreased 1.27% or $0.02 during the last trading session, reaching $1.56. About 103,842 shares traded or 36.68% up from the average. RAVE Restaurant Group, Inc. (NASDAQ:RAVE) has declined 50.12% since February 28, 2017 and is downtrending. It has underperformed by 66.82% the S&P500.

Sims Metal Management Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals. The company has market cap of $2.84 billion. The firm operates through four divisions: North America Metals, Australia/New Zealand Metals, Europe Metals, and Global E-Recycling. It has a 16.37 P/E ratio. It is involved in the collection, processing, and trading of iron and steel secondary raw materials; and other metal alloys and residues, principally aluminum, lead, copper, zinc, and nickel bearing materials.

Among 3 analysts covering RAVE Restaurant Group (NASDAQ:RAVE), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. RAVE Restaurant Group had 4 analyst reports since October 16, 2015 according to SRatingsIntel. On Thursday, May 12 the stock rating was downgraded by Roth Capital to “Neutral”. The rating was downgraded by TheStreet on Friday, October 16 to “Sell”. Roth Capital maintained the shares of RAVE in report on Friday, November 13 with “Buy” rating. The firm has “Buy” rating given on Friday, November 13 by TH Capital.