Glencore plc (OTCMKTS:GLCNF) Short Interest Down 10.2% in September

Glencore plc (OTCMKTS:GLCNF) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 2,316,700 shares, a drop of 10.2% from the August 31st total of 2,578,500 shares. Based on an average daily trading volume, of 92,200 shares, the days-to-cover ratio is presently 25.1 days.

Glencore Stock Performance

GLCNF opened at $5.74 on Tuesday. Glencore has a 52 week low of $4.66 and a 52 week high of $6.40. The business has a fifty day simple moving average of $5.23 and a 200-day simple moving average of $5.65.

Glencore Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 20th. Investors of record on Friday, August 30th were issued a $0.065 dividend. This represents a dividend yield of 1.22%. The ex-dividend date of this dividend was Thursday, August 29th. Glencore’s dividend payout ratio (DPR) is currently 58.52%.

Glencore Company Profile

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, lead, nickel, zinc, 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.