BW LPG Limited (OTCMKTS:BWLLY) Sees Large Increase in Short Interest

BW LPG Limited (OTCMKTS:BWLLYGet Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 12,300 shares, a growth of 48.2% from the May 31st total of 8,300 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is currently 4.4 days.

BW LPG Trading Up 4.4 %

OTCMKTS BWLLY opened at $19.00 on Monday. BW LPG has a 1 year low of $9.68 and a 1 year high of $23.43. The firm’s 50 day simple moving average is $17.70 and its 200 day simple moving average is $14.72.

BW LPG Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, July 15th. Investors of record on Monday, June 10th will be given a dividend of $0.95 per share. This is a boost from BW LPG’s previous dividend of $0.84. The ex-dividend date is Monday, June 10th.

About BW LPG

(Get Free Report)

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.

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