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

BHP Group Limited (OTCMKTS:BHPLF) was the target of a significant decrease in short interest in 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 trading volume of 545,800 shares, the days-to-cover ratio is currently 12.2 days.

BHP Group Stock Down 2.1 %

BHPLF opened at $23.10 on Monday. The business’s fifty day simple moving average is $24.76 and its 200 day simple moving average is $26.12. BHP Group has a 52 week low of $22.30 and a 52 week high of $32.00.

BHP Group Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 7th were issued 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 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.