Short Interest in BlueScope Steel Limited (OTCMKTS:BLSFY) Rises By 25.0%

BlueScope Steel Limited (OTCMKTS:BLSFY) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 500 shares, a growth of 25.0% from the October 15th total of 400 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 0.5 days.

BlueScope Steel Stock Performance

Shares of OTCMKTS:BLSFY remained flat at $72.77 during trading on Friday. The stock had a trading volume of 52 shares, compared to its average volume of 921. BlueScope Steel has a 1-year low of $61.20 and a 1-year high of $80.90. The company has a 50-day moving average price of $70.11 and a 200-day moving average price of $69.91.

BlueScope Steel Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, October 30th. Stockholders of record on Wednesday, September 11th were issued a dividend of $0.9603 per share. The ex-dividend date was Wednesday, September 11th. This is a boost from BlueScope Steel’s previous dividend of $0.77.

About BlueScope Steel

BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Coated Products Asia, Buildings and Coated Products North America, and New Zealand & Pacific Islands.