Short Interest in BHP Group Limited (OTCMKTS:BHPLF) Decreases By 9.8%

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

BHP Group Stock Performance

Shares of OTCMKTS:BHPLF opened at $27.53 on Friday. The business has a 50-day moving average of $28.24 and a two-hundred day moving average of $28.20. BHP Group has a 12 month low of $24.32 and a 12 month high of $35.60.

BHP Group Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 3rd. Investors of record on Friday, September 13th were issued a $0.74 dividend. This is a positive change from BHP Group’s previous dividend of $0.72. The ex-dividend date was Thursday, September 12th. BHP Group’s dividend payout ratio (DPR) is presently 45.54%.

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.