Short Interest in Anglo American plc (OTCMKTS:AAUKF) Expands By 42.0%

Anglo American plc (OTCMKTS:AAUKF) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 502,000 shares, a growth of 42.0% from the March 31st total of 353,500 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 55.8 days.

Analyst Ratings Changes

Separately, Royal Bank of Canada reaffirmed a “buy” rating and issued a $23.00 target price on shares of Anglo American in a research report on Wednesday, February 7th.

Anglo American Stock Up 3.6 %

AAUKF opened at $33.15 on Friday. Anglo American has a 52 week low of $20.91 and a 52 week high of $35.44. The business’s 50 day moving average is $24.77 and its two-hundred day moving average is $24.85.

Anglo American Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Friday, March 15th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Wednesday, March 13th. Anglo American’s payout ratio is currently 1,090.55%.

Anglo American Company Profile

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.