Short Interest in Brambles Limited (OTCMKTS:BXBLY) Drops By 36.9%

Brambles Limited (OTCMKTS:BXBLY - Get Free Report) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 111,400 shares, a decrease of 36.9% from the February 28th total of 176,600 shares. Based on an average daily trading volume, of 111,900 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the company's shares are sold short.

Brambles Trading Down 1.5 %

Shares of BXBLY stock traded down $0.38 during mid-day trading on Monday, reaching $25.27. The stock had a trading volume of 153,094 shares, compared to its average volume of 71,325. The stock's 50-day moving average price is $25.23 and its two-hundred day moving average price is $24.99. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.61 and a quick ratio of 0.57. Brambles has a 52-week low of $18.24 and a 52-week high of $27.63.

Brambles Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, March 13th will be issued a dividend of $0.3853 per share. The ex-dividend date of this dividend is Thursday, March 13th. This is an increase from Brambles's previous dividend of $0.37.

Brambles Company Profile

Brambles Limited operates as a supply-chain logistics company. It operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. The company engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers.