Glencore plc (OTCMKTS:GLNCY) Short Interest Down 90.7% in June

Glencore plc (OTCMKTS:GLNCY) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 25,300 shares, a decrease of 90.7% from the May 31st total of 272,100 shares. Based on an average daily volume of 744,600 shares, the short-interest ratio is currently 0.0 days.

Glencore Price Performance

OTCMKTS GLNCY traded down $0.10 on Thursday, hitting $11.39. The stock had a trading volume of 297,381 shares, compared to its average volume of 637,772. Glencore has a one year low of $9.26 and a one year high of $12.74. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.29 and a quick ratio of 0.66. The company’s 50-day moving average is $11.89 and its two-hundred day moving average is $11.20.

Glencore Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 20th. Stockholders of record on Friday, May 3rd were issued a $0.116 dividend. The ex-dividend date of this dividend was Thursday, May 2nd.

Glencore Company Profile

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.