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

Brambles Limited (OTCMKTS:BXBLY - Get Free Report) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 10,200 shares, a decrease of 90.8% from the March 15th total of 111,400 shares. Based on an average daily volume of 158,700 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Brambles Price Performance

BXBLY stock traded down $0.35 during trading on Friday, hitting $26.26. The company had a trading volume of 61,228 shares, compared to its average volume of 86,244. Brambles has a fifty-two week low of $18.24 and a fifty-two week high of $27.63. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.61 and a quick ratio of 0.57. The company has a fifty day moving average price of $25.67 and a two-hundred day moving average price of $25.01.

Brambles Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, March 13th were given a dividend of $0.3853 per share. The ex-dividend date of this dividend was Thursday, March 13th. This is a positive change from Brambles's previous dividend of $0.37.

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.