Glencore plc (OTCMKTS:GLCNF) Short Interest Update

Glencore plc (OTCMKTS:GLCNF) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,817,100 shares, a decline of 11.4% from the August 15th total of 2,049,800 shares. Based on an average daily volume of 53,000 shares, the short-interest ratio is currently 34.3 days.

Glencore Stock Up 1.0 %

Shares of GLCNF traded up $0.06 during mid-day trading on Tuesday, hitting $5.74. The company’s stock had a trading volume of 17,113 shares, compared to its average volume of 45,272. Glencore has a 1-year low of $4.82 and a 1-year high of $7.19. The firm has a 50-day simple moving average of $5.67 and a 200 day simple moving average of $5.65.

Glencore Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, September 1st will be issued a $0.30 dividend. The ex-dividend date is Wednesday, August 30th. Glencore’s dividend payout ratio (DPR) is currently 58.52%.

About Glencore

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, nickel, zinc, lead, 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.