BHP Group Limited (OTCMKTS:BHPLF) Short Interest Up 16.7% in March

BHP Group Limited (OTCMKTS:BHPLF) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 13,679,000 shares, an increase of 16.7% from the March 15th total of 11,723,900 shares. Based on an average daily volume of 339,600 shares, the short-interest ratio is presently 40.3 days.

BHP Group Stock Up 0.6 %

Shares of OTCMKTS BHPLF traded up $0.16 during trading hours on Tuesday, reaching $29.22. The stock had a trading volume of 179,833 shares, compared to its average volume of 336,265. BHP Group has a 52-week low of $26.50 and a 52-week high of $35.60. The business’s fifty day moving average price is $29.17 and its two-hundred day moving average price is $30.05.

BHP Group Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Thursday, March 7th. BHP Group’s dividend payout ratio (DPR) is currently 45.54%.

About BHP Group

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.