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Brambles Limited (OTCMKTS:BXBLY) Sees Large Growth in Short Interest

Brambles logo with Industrial Products background

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

Brambles Stock Performance

OTCMKTS BXBLY traded up $0.10 during trading on Monday, reaching $23.90. 49,431 shares of the stock traded hands, compared to its average volume of 59,819. Brambles has a fifty-two week low of $18.07 and a fifty-two week high of $26.70. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 0.54. The stock's 50-day moving average price is $24.65 and its 200 day moving average price is $23.45.

Brambles Company Profile

(Get Free Report)

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.

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