Glencore plc (OTCMKTS:GLNCY – Get Free Report) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totalling 140,700 shares, an increase of 603.5% from the July 31st total of 20,000 shares. Based on an average daily volume of 1,403,200 shares, the short-interest ratio is presently 0.1 days.
Glencore Stock Up 0.0 %
Shares of GLNCY opened at $10.80 on Wednesday. The business has a 50-day moving average of $11.18 and a 200-day moving average of $11.19. Glencore has a 1 year low of $9.26 and a 1 year high of $12.74. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.66 and a current ratio of 1.29.
Glencore Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.1105 per share. The ex-dividend date of this dividend is Friday, August 30th.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on GLNCY
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.
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