BHP Group Limited (OTCMKTS:BHPLF – Get Free Report) was the target of a large 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 trading volume of 321,400 shares, the days-to-cover ratio is presently 35.2 days.
BHP Group Trading Down 1.6 %
OTCMKTS:BHPLF opened at $26.85 on Wednesday. The firm’s fifty day moving average price is $27.06 and its two-hundred day moving average price is $28.34. BHP Group has a one year low of $24.32 and a one year high of $35.60.
BHP Group Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Friday, September 13th will be issued a $0.74 dividend. This is a boost from BHP Group’s previous dividend of $0.72. The ex-dividend date is Thursday, September 12th. BHP Group’s dividend payout ratio is currently 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.
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