BHP Group Limited (OTCMKTS:BHPLF) Short Interest Update

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

BHP Group Trading Down 0.7 %

OTCMKTS BHPLF traded down $0.20 on Tuesday, reaching $27.30. 704,831 shares of the company’s stock traded hands, compared to its average volume of 295,477. BHP Group has a fifty-two week low of $24.32 and a fifty-two week high of $35.60. The stock has a 50 day moving average price of $27.12 and a 200-day moving average price of $28.36.

BHP Group Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Friday, September 13th will be paid a $0.74 dividend. This is an increase from BHP Group’s previous dividend of $0.72. The ex-dividend date of this dividend is Thursday, September 12th. BHP Group’s dividend payout ratio 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.