Kumba Iron Ore Limited (OTCMKTS:KIROY) Short Interest Update

Kumba Iron Ore Limited (OTCMKTS:KIROY - Get Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 15,700 shares, an increase of 166.1% from the March 31st total of 5,900 shares. Based on an average trading volume of 43,200 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.

Kumba Iron Ore Stock Down 0.8 %

Shares of KIROY stock traded down $0.05 on Friday, reaching $5.91. The company had a trading volume of 105 shares, compared to its average volume of 6,778. The business's 50-day moving average is $6.00 and its 200 day moving average is $6.28. Kumba Iron Ore has a one year low of $4.78 and a one year high of $10.15.

Kumba Iron Ore Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were paid a dividend of $0.3586 per share. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from Kumba Iron Ore's previous dividend of $0.25.

About Kumba Iron Ore

Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.