BlueScope Steel Limited (OTCMKTS:BLSFY) Short Interest Up 25.0% in October

BlueScope Steel Limited (OTCMKTS:BLSFY) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 500 shares, an increase of 25.0% from the October 15th total of 400 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 0.5 days.

BlueScope Steel Stock Performance

OTCMKTS BLSFY remained flat at $72.77 during trading hours on Friday. 19 shares of the company were exchanged, compared to its average volume of 921. BlueScope Steel has a 12-month low of $61.20 and a 12-month high of $80.90. The business’s fifty day moving average price is $70.15 and its 200-day moving average price is $69.89.

BlueScope Steel Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, October 30th. Stockholders of record on Wednesday, September 11th were given a $0.9603 dividend. This is a boost from BlueScope Steel’s previous dividend of $0.77. The ex-dividend date was Wednesday, September 11th.

About BlueScope Steel

BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Coated Products Asia, Buildings and Coated Products North America, and New Zealand & Pacific Islands.