Glencore plc (OTCMKTS:GLCNF) Short Interest Down 10.2% in September

Glencore plc (OTCMKTS:GLCNF) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 2,316,700 shares, a drop of 10.2% from the August 31st total of 2,578,500 shares. Based on an average daily volume of 92,200 shares, the short-interest ratio is currently 25.1 days.

Glencore Trading Up 0.3 %

Shares of GLCNF traded up $0.02 during mid-day trading on Friday, reaching $5.67. 11,667 shares of the company’s stock were exchanged, compared to its average volume of 59,289. Glencore has a 52-week low of $4.66 and a 52-week high of $6.40. The company has a 50-day simple moving average of $5.23 and a two-hundred day simple moving average of $5.65.

Glencore Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, August 30th were paid a $0.065 dividend. The ex-dividend date was Thursday, August 29th. This represents a yield of 1.22%. Glencore’s payout ratio is currently 58.52%.

About Glencore

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.