Short Interest in BW LPG Limited (OTCMKTS:BWLLY) Declines By 82.9%

BW LPG Limited (OTCMKTS:BWLLY) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totalling 2,100 shares, a drop of 82.9% from the June 15th total of 12,300 shares. Based on an average daily trading volume, of 23,600 shares, the days-to-cover ratio is presently 0.1 days.

BW LPG Stock Performance

OTCMKTS:BWLLY traded down $2.14 during trading hours on Friday, hitting $17.23. The company had a trading volume of 2,300 shares, compared to its average volume of 3,118. BW LPG has a 52 week low of $10.25 and a 52 week high of $23.43. The stock has a 50-day moving average price of $18.59 and a 200 day moving average price of $15.01.

BW LPG Increases Dividend

The business 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. The ex-dividend date of this dividend is Monday, June 10th. This is a boost from BW LPG’s previous dividend of $0.84.

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.