BHP Group Limited (OTCMKTS:BHPLF) Short Interest Down 25.6% in March

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

BHP Group Trading Down 2.1 %

BHP Group stock opened at $23.10 on Monday. BHP Group has a 52 week low of $22.30 and a 52 week high of $32.00. The firm’s 50-day simple moving average is $24.76 and its 200 day simple moving average is $26.12.

BHP Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 7th were issued a $0.50 dividend. The ex-dividend date 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.