Short Interest in BHP Group Limited (OTCMKTS:BHPLF) Drops By 25.6%

BHP Group Limited (OTCMKTS:BHPLFGet Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 6,653,200 shares, a decrease of 25.6% from the February 28th total of 8,945,400 shares. Based on an average daily trading volume, of 545,800 shares, the days-to-cover ratio is currently 12.2 days.

BHP Group Price Performance

Shares of BHPLF stock opened at $23.10 on Friday. BHP Group has a twelve month low of $22.30 and a twelve month high of $32.00. The firm has a 50-day moving average price of $24.76 and a 200 day moving average price of $26.12.

BHP Group Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 7th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, March 5th. BHP Group’s dividend payout ratio (DPR) is 45.54%.

BHP Group Company Profile

(Get Free Report)

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.

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