BHP Group Limited (OTCMKTS:BHPLF) Short Interest Down 9.8% in October

BHP Group Limited (OTCMKTS:BHPLF) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 12,247,700 shares, a drop of 9.8% from the October 15th total of 13,585,200 shares. Based on an average daily volume of 63,900 shares, the days-to-cover ratio is presently 191.7 days.

BHP Group Price Performance

Shares of BHPLF stock opened at $27.53 on Tuesday. BHP Group has a fifty-two week low of $24.32 and a fifty-two week high of $35.60. The firm’s 50 day moving average price is $28.28 and its two-hundred day moving average price is $28.21.

BHP Group Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 3rd. Investors of record on Friday, September 13th were issued a dividend of $0.74 per share. This is a positive change from BHP Group’s previous dividend of $0.72. The ex-dividend date of this dividend was Thursday, September 12th. BHP Group’s payout ratio 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.