Glencore plc (OTCMKTS:GLCNF) Short Interest Update

Glencore plc (OTCMKTS:GLCNF) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 4,080,800 shares, an increase of 24.5% from the March 31st total of 3,276,500 shares. Based on an average trading volume of 176,000 shares, the days-to-cover ratio is currently 23.2 days.

Glencore Stock Performance

GLCNF stock traded down $0.02 on Tuesday, reaching $5.90. The company’s stock had a trading volume of 316 shares, compared to its average volume of 90,092. The business has a fifty day simple moving average of $5.45 and a two-hundred day simple moving average of $5.49. Glencore has a 12-month low of $4.66 and a 12-month high of $6.25.

Glencore Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Friday, May 3rd will be paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Wednesday, May 1st. Glencore’s payout ratio is 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.