Shorts Action: Bhp Billiton Limited (NYSE:BHP) Stock Is Shorted More

November 25, 2016 - By Dolores Ford   ·   0 Comments

Shorts Action: Bhp Billiton Limited (NYSE:BHP) Stock Is Shorted More

The stock of Bhp Billiton Limited (NYSE:BHP) registered an increase of 2.2% in short interest. BHP’s total short interest was 15.57 million shares in November as published by FINRA. Its up 2.2% from 15.23 million shares, reported previously. With 3.30M shares average volume, it will take short sellers 5 days to cover their BHP’s short positions. The short interest to Bhp Billiton Limited’s float is 0.97%. About 1.27M shares traded hands. BHP Billiton Limited (ADR) (NYSE:BHP) has risen 21.72% since April 22, 2016 and is uptrending. It has outperformed by 16.31% the S&P500.

BHP Billiton Limited is a global resources company. The company has a market cap of $97.74 billion. The Firm is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. It currently has negative earnings. The Company’s divisions include Petroleum, Copper, Iron Ore and Coal.

BHP Billiton Limited (ADR) (NYSE:BHP) Ratings Coverage

Out of 20 analysts covering BHP Billiton Limited (ADR) (NYSE:BHP), 7 rate it a “Buy”, 4 “Sell”, while 9 “Hold”. This means 35% are positive. BHP Billiton Limited (ADR) has been the topic of 38 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of BHP Billiton Limited (ADR) (NYSE:BHP) earned “Neutral” rating by Nomura on Thursday, March 17. The firm has “Sector Perform” rating given on Wednesday, August 26 by RBC Capital Markets. The firm has “Hold” rating given on Wednesday, March 9 by Jefferies. The stock of BHP Billiton Limited (ADR) (NYSE:BHP) has “Hold” rating given on Wednesday, March 9 by Argus Research. Liberum Capital upgraded the stock to “Hold” rating in Wednesday, August 5 report. On Wednesday, July 22 the stock rating was maintained by JP Morgan with “Neutral”. The stock of BHP Billiton Limited (ADR) (NYSE:BHP) earned “Neutral” rating by Macquarie Research on Friday, January 8. As per Wednesday, July 29, the company rating was maintained by Barclays Capital. The rating was upgraded by Argus Research to “Buy” on Tuesday, August 30. The stock has “Outperform” rating given by Credit Suisse on Tuesday, December 15.

BHP Company Profile

BHP Billiton Limited, incorporated on August 13, 1885, is a global resources company. The Firm is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. The Company’s divisions include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of gas and oil. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment is engaged in mining of iron ore. The Coal segment is engaged in mining of metallurgical coal and thermal (energy) coal. The Firm extracts and processes minerals, gas and oil from its production activities located primarily in Australia and the Americas. It manages product distribution through its global logistics chain, including freight and pipeline transportation. The Firm sells its products through direct supply agreements with its clients and on global commodity exchanges. The Company’s businesses include Minerals Australia, Minerals Americas, Petroleum and Marketing.

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By Dolores Ford


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