BW LPG Limited (OTCMKTS:BWLLY) Short Interest Update

BW LPG Limited (OTCMKTS:BWLLY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 9,000 shares, a growth of 350.0% from the March 31st total of 2,000 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is currently 2.6 days.

BW LPG Price Performance

OTCMKTS BWLLY traded up $0.19 during mid-day trading on Friday, reaching $14.25. 17,650 shares of the stock were exchanged, compared to its average volume of 2,345. BW LPG has a one year low of $8.66 and a one year high of $17.55. The stock has a 50 day simple moving average of $12.37 and a 200-day simple moving average of $13.45.

BW LPG Increases Dividend

The company also recently announced a dividend, which was paid on Monday, April 8th. Investors of record on Monday, March 11th were paid a dividend of $0.8443 per share. The ex-dividend date of this dividend was Friday, March 8th. This is an increase from BW LPG’s previous dividend of $0.76.

About BW LPG

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.