BlueScope Steel Limited (OTCMKTS:BLSFY) Sees Significant Decline in Short Interest

BlueScope Steel Limited (OTCMKTS:BLSFYGet Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totalling 100 shares, a decrease of 50.0% from the April 15th total of 200 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 0.2 days.

BlueScope Steel Price Performance

OTCMKTS BLSFY remained flat at $73.71 on Friday. 55 shares of the company traded hands, compared to its average volume of 625. The firm’s fifty day simple moving average is $75.17 and its 200 day simple moving average is $72.86. BlueScope Steel has a 1-year low of $57.05 and a 1-year high of $80.90.

BlueScope Steel Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 10th. Shareholders of record on Friday, March 1st were given a dividend of $0.7698 per share. The ex-dividend date of this dividend was Thursday, February 29th. This is an increase from BlueScope Steel’s previous dividend of $0.75.

BlueScope Steel Company Profile

(Get Free Report)

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.

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