BlueScope Steel Limited (OTCMKTS:BLSFY – Get Free Report) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 100 shares, a decrease of 66.7% from the February 28th total of 300 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 0.0 days.
BlueScope Steel Stock Performance
Shares of OTCMKTS BLSFY remained flat at $74.91 during midday trading on Friday. 58 shares of the stock traded hands, compared to its average volume of 1,123. The company’s 50-day moving average price is $72.05 and its two-hundred day moving average price is $68.99. BlueScope Steel has a twelve month low of $56.42 and a twelve month high of $81.02.
BlueScope Steel Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, February 28th will be given a $0.9534 dividend. The ex-dividend date is Friday, February 28th.
BlueScope Steel Company Profile
BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Coated Products Asia, Buildings and Coated Products North America, and New Zealand & Pacific Islands.
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