Short Interest in BlueScope Steel Limited (OTCMKTS:BLSFY) Expands By 166.7%

BlueScope Steel Limited (OTCMKTS:BLSFY) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 800 shares, an increase of 166.7% from the September 15th total of 300 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 0.5 days.

BlueScope Steel Price Performance

OTCMKTS:BLSFY opened at $65.39 on Monday. The company’s 50 day moving average is $74.31 and its two-hundred day moving average is $74.12. BlueScope Steel has a twelve month low of $56.42 and a twelve month high of $82.12.

BlueScope Steel Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, October 29th. Stockholders of record on Thursday, September 11th will be issued a $0.4827 dividend. This represents a dividend yield of 233.0%. The ex-dividend date of this dividend 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.