BW LPG Limited (OTCMKTS:BWLLY) Sees Large Growth in Short Interest

BW LPG Limited (OTCMKTS:BWLLYGet Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 1,600 shares, a growth of 45.5% from the February 29th total of 1,100 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is currently 0.3 days.

BW LPG Stock Performance

OTCMKTS:BWLLY opened at $11.85 on Friday. The company’s 50-day moving average price is $12.27 and its two-hundred day moving average price is $13.40. BW LPG has a 12 month low of $7.10 and a 12 month high of $17.55.

BW LPG Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 8th. Investors of record on Monday, March 11th will be issued a dividend of $0.8443 per share. This is a boost from BW LPG’s previous dividend of $0.76. The ex-dividend date is Friday, March 8th.

About BW LPG

(Get Free Report)

BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. The company operates through Shipping and Product Services segments. It is involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. The company also offers integrated liquified petroleum gas (LPG) delivery services directly to buyers and receivers.

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