Short Interest in BW LPG Limited (OTCMKTS:BWLLY) Rises By 350.0%

BW LPG Limited (OTCMKTS:BWLLY) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 9,000 shares, an increase of 350.0% from the March 31st total of 2,000 shares. Based on an average trading volume of 3,400 shares, the days-to-cover ratio is presently 2.6 days.

BW LPG Stock Up 1.4 %

Shares of BW LPG stock traded up $0.19 on Friday, hitting $14.25. The stock had a trading volume of 17,650 shares, compared to its average volume of 2,345. BW LPG has a 52-week low of $8.66 and a 52-week high of $17.55. The company’s 50 day moving average price is $12.37 and its 200 day moving average price is $13.45.

BW LPG Increases Dividend

The company also recently announced a dividend, which was paid on Monday, April 8th. Stockholders of record on Monday, March 11th were issued a $0.8443 dividend. This is an increase from BW LPG’s previous dividend of $0.76. The ex-dividend date of this dividend was Friday, March 8th.

BW LPG Company Profile

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.