BlueScope Steel Limited (OTCMKTS:BLSFY) Short Interest Up 25.0% in October

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

BlueScope Steel Stock Performance

Shares of OTCMKTS BLSFY opened at $72.77 on Friday. The stock’s fifty day simple moving average is $70.15 and its 200 day simple moving average is $69.86. BlueScope Steel has a 52-week low of $61.20 and a 52-week high of $80.90.

BlueScope Steel Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, October 30th. Investors of record on Wednesday, September 11th were issued a $0.9603 dividend. This is a boost 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.