Short Interest in BlueScope Steel Limited (OTCMKTS:BLSFY) Decreases By 66.7%

BlueScope Steel Limited (OTCMKTS:BLSFY) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 66.7% from the February 28th total of 300 shares. Based on an average daily volume of 2,800 shares, the short-interest ratio is currently 0.0 days.

BlueScope Steel Price Performance

Shares of OTCMKTS BLSFY remained flat at $74.91 during midday trading on Friday. The stock had a trading volume of 62 shares, compared to its average volume of 1,123. BlueScope Steel has a 12-month low of $56.42 and a 12-month high of $81.02. The stock has a 50 day moving average price of $71.86 and a 200-day moving average price of $68.96.

BlueScope Steel Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.9534 per share. The ex-dividend date of this dividend is Friday, February 28th.

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.