Glencore plc (OTCMKTS:GLNCY - Get Free Report) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totalling 113,800 shares, a decrease of 60.3% from the April 15th total of 286,500 shares. Based on an average trading volume of 1,127,900 shares, the short-interest ratio is currently 0.1 days.
Glencore Trading Up 1.8 %
Shares of GLNCY stock traded up $0.21 during mid-day trading on Friday, reaching $11.87. The stock had a trading volume of 260,757 shares, compared to its average volume of 534,588. Glencore has a one year low of $9.26 and a one year high of $12.47. The firm's 50 day simple moving average is $11.18 and its 200 day simple moving average is $10.97. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.29 and a quick ratio of 0.66.
Glencore Cuts Dividend
The company also recently announced a dividend, which will be paid on Thursday, June 20th. Investors of record on Friday, May 3rd will be given a $0.116 dividend. The ex-dividend date of this dividend is Thursday, May 2nd.
About Glencore
(
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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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