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Brambles Limited (OTCMKTS:BXBLY) Short Interest Update

Brambles logo with Industrials background

Brambles Limited (OTCMKTS:BXBLY - Get Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 166,000 shares, a growth of 1,527.5% from the March 31st total of 10,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 332,900 shares, the short-interest ratio is currently 0.5 days.

Brambles Price Performance

Shares of BXBLY traded down $0.08 during mid-day trading on Friday, hitting $27.00. 29,877 shares of the company traded hands, compared to its average volume of 85,182. 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 business has a 50-day moving average of $25.89 and a 200 day moving average of $25.05. Brambles has a one year low of $18.24 and a one year high of $27.65.

Brambles Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 17th. Stockholders of record on Thursday, March 13th were paid a $0.3853 dividend. This is a boost from Brambles's previous dividend of $0.37. The ex-dividend date was Thursday, March 13th.

About Brambles

(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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