BHP Group Limited (OTCMKTS:BHPLF – Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 6,653,200 shares, a decline of 25.6% from the February 28th total of 8,945,400 shares. Based on an average daily volume of 545,800 shares, the days-to-cover ratio is currently 12.2 days.
BHP Group Price Performance
Shares of OTCMKTS BHPLF opened at $23.10 on Friday. The firm’s 50-day moving average price is $24.76 and its two-hundred day moving average price 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 disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 7th were issued a $0.50 dividend. 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.
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