BW LPG Limited (OTCMKTS:BWLLY) Short Interest Up 48.2% in June

BW LPG Limited (OTCMKTS:BWLLY) saw a large growth in short interest in the month of 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 presently 4.4 days.

BW LPG Stock Performance

BWLLY traded up $0.80 during trading on Friday, hitting $19.00. 11,527 shares of the company’s stock were exchanged, compared to its average volume of 3,196. The business’s 50 day moving average is $17.70 and its two-hundred day moving average is $14.72. BW LPG has a fifty-two week low of $9.68 and a fifty-two week high of $23.43.

BW LPG Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, June 10th will be issued a dividend of $0.95 per share. This is an increase from BW LPG’s previous dividend of $0.84. The ex-dividend date of this dividend is Monday, June 10th.

BW LPG Company Profile

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.