Short Interest in BlueScope Steel Limited (OTCMKTS:BLSFY) Rises By 25.0%

BlueScope Steel Limited (OTCMKTS:BLSFY) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 500 shares, an increase of 25.0% from the October 15th total of 400 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 0.5 days.

BlueScope Steel Price Performance

Shares of BLSFY remained flat at $72.77 during trading hours on Friday. 52 shares of the company traded hands, compared to its average volume of 921. The business’s fifty day moving average is $70.11 and its 200-day moving average is $69.91. BlueScope Steel has a 1 year low of $61.20 and a 1 year high of $80.90.

BlueScope Steel Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, October 30th. Investors of record on Wednesday, September 11th were paid a $0.9603 dividend. This is an increase from BlueScope Steel’s previous dividend of $0.77. The ex-dividend date of this dividend was Wednesday, September 11th.

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.