BHP Group Limited (OTCMKTS:BHPLF) Sees Large Drop in Short Interest

BHP Group Limited (OTCMKTS:BHPLF) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 11,780,000 shares, a decline of 16.3% from the June 30th total of 14,071,300 shares. Based on an average daily volume of 228,300 shares, the short-interest ratio is currently 51.6 days.

BHP Group Stock Down 0.8 %

OTCMKTS:BHPLF traded down $0.21 during trading on Tuesday, reaching $27.09. The company’s stock had a trading volume of 514,141 shares, compared to its average volume of 308,753. BHP Group has a 12 month low of $26.50 and a 12 month high of $35.60. The firm has a 50 day moving average of $28.87 and a 200-day moving average of $29.24.

BHP Group Company Profile

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.