BHP Group Limited (OTCMKTS:BHPLF) Sees Large Decrease in Short Interest

BHP Group Limited (OTCMKTS:BHPLF) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 11,326,100 shares, a decline of 18.0% from the August 15th total of 13,813,500 shares. Based on an average daily trading volume, of 321,400 shares, the short-interest ratio is currently 35.2 days.

BHP Group Stock Up 9.1 %

Shares of OTCMKTS:BHPLF opened at $27.50 on Monday. BHP Group has a 12-month low of $24.32 and a 12-month high of $35.60. The business’s 50 day moving average is $27.14 and its 200 day moving average is $28.37.

BHP Group Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, October 3rd. Investors of record on Friday, September 13th will be given a dividend of $0.74 per share. This is a boost from BHP Group’s previous dividend of $0.72. The ex-dividend date of this dividend is Thursday, September 12th. BHP Group’s payout ratio is presently 45.54%.

BHP Group Company Profile

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.