Short Interest in Brambles Limited (OTCMKTS:BXBLY) Increases By 800.0%

Brambles Limited (OTCMKTS:BXBLY - Get Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 40,500 shares, a growth of 800.0% from the December 31st total of 4,500 shares. Based on an average daily trading volume, of 102,300 shares, the days-to-cover ratio is presently 0.4 days.

Brambles Stock Performance

BXBLY stock traded down $0.33 during mid-day trading on Friday, reaching $24.39. 25,924 shares of the stock traded hands, compared to its average volume of 49,206. Brambles has a one year low of $18.24 and a one year high of $26.70. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 0.54. The business has a 50-day moving average price of $24.36 and a two-hundred day moving average price of $23.93.

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.