Short Interest in BHP Group Limited (OTCMKTS:BHPLF) Rises By 16.7%

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 Trading Up 0.6 %

BHPLF stock traded up $0.16 during midday trading on Monday, reaching $29.22. 179,833 shares of the company traded hands, compared to its average volume of 336,265. The business has a 50 day moving average of $29.20 and a 200-day moving average of $30.05. BHP Group has a 52-week low of $26.50 and a 52-week high of $35.60.

BHP Group Cuts Dividend

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