Anglo American plc (OTCMKTS:AAUKF) Short Interest Update

Anglo American plc (OTCMKTS:AAUKF) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 502,000 shares, an increase of 42.0% from the March 31st total of 353,500 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 55.8 days.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada restated a “buy” rating and set a $23.00 price objective on shares of Anglo American in a research note on Wednesday, February 7th.

Anglo American Stock Performance

Anglo American stock opened at $33.15 on Friday. Anglo American has a 12 month low of $20.91 and a 12 month high of $35.44. The business has a 50 day simple moving average of $24.77 and a 200-day simple moving average of $24.85.

Anglo American Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Friday, March 15th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Wednesday, March 13th. Anglo American’s dividend payout ratio is presently 1,090.55%.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.