Short Interest in Brambles Limited (OTCMKTS:BXBLY) Declines By 15.4%

Brambles Limited (OTCMKTS:BXBLY - Get Free Report) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 17,000 shares, a decline of 15.4% from the January 31st total of 20,100 shares. Based on an average trading volume of 86,400 shares, the short-interest ratio is presently 0.2 days.

Brambles Stock Performance

BXBLY traded up $0.25 during trading on Friday, reaching $26.38. 20,961 shares of the company's stock were exchanged, compared to its average volume of 70,240. The company's fifty day moving average price is $24.64 and its 200-day moving average price is $24.77. 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 fifty-two week low of $18.24 and a fifty-two week high of $27.63.

Brambles Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, March 13th will be issued a $0.3853 dividend. This is a positive change from Brambles's previous dividend of $0.37. The ex-dividend date is Thursday, March 13th.

About Brambles

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.