BHP Group Limited (OTCMKTS:BHPLF) Sees Significant Decline in Short Interest

BHP Group Limited (OTCMKTS:BHPLF) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 7,811,500 shares, a decrease of 7.3% from the January 15th total of 8,426,500 shares. Based on an average trading volume of 318,400 shares, the days-to-cover ratio is currently 24.5 days.

BHP Group Stock Performance

OTCMKTS:BHPLF opened at $25.30 on Wednesday. BHP Group has a 52 week low of $22.30 and a 52 week high of $32.00. The stock’s 50-day moving average price is $24.85 and its 200-day moving average price is $26.51.

About BHP Group

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.