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

BlueScope Steel Limited (OTCMKTS:BLSFY) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 300 shares, a decrease of 75.0% from the August 31st total of 1,200 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is presently 0.2 days.

BlueScope Steel Stock Up 4.0%

Shares of BLSFY opened at $74.85 on Wednesday. BlueScope Steel has a one year low of $56.42 and a one year high of $82.12. The business has a fifty day moving average of $76.55 and a 200 day moving average of $74.44.

BlueScope Steel Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, October 29th. Shareholders of record on Thursday, September 11th will be paid a dividend of $0.4827 per share. This represents a dividend yield of 233.0%. The ex-dividend date is Wednesday, September 10th.

BlueScope Steel Company Profile

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.