BHP Group Limited (OTCMKTS:BHPLF) Sees Significant Decrease in Short Interest

BHP Group Limited (OTCMKTS:BHPLF) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 10,333,800 shares, a decline of 15.6% from the October 31st total of 12,247,700 shares. Based on an average trading volume of 433,500 shares, the short-interest ratio is currently 23.8 days.

BHP Group Price Performance

Shares of BHPLF traded up $1.88 on Friday, hitting $27.77. The company’s stock had a trading volume of 6,787 shares, compared to its average volume of 275,471. The firm’s fifty day moving average price is $28.24 and its 200-day moving average price is $28.07. BHP Group has a fifty-two week low of $23.87 and a fifty-two week high of $35.60.

BHP Group Company Profile

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.