Short Interest in Brenntag SE (OTCMKTS:BNTGY) Decreases By 45.5%

Brenntag SE (OTCMKTS:BNTGY - Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 12,800 shares, a decline of 45.5% from the February 28th total of 23,500 shares. Based on an average daily trading volume, of 151,200 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company's stock are short sold.

Brenntag Stock Down 2.7 %

Shares of BNTGY traded down $0.36 during midday trading on Tuesday, reaching $12.94. 21,101 shares of the stock were exchanged, compared to its average volume of 90,068. The company has a market cap of $9.34 billion, a price-to-earnings ratio of 15.98 and a beta of 1.08. Brenntag has a 12-month low of $11.09 and a 12-month high of $16.82. The firm has a 50 day simple moving average of $13.24 and a 200-day simple moving average of $13.05.

Brenntag (OTCMKTS:BNTGY - Get Free Report) last released its quarterly earnings data on Wednesday, March 12th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.02). The firm had revenue of $4.26 billion during the quarter, compared to analyst estimates of $3.84 billion. Brenntag had a return on equity of 12.24% and a net margin of 3.36%. Research analysts expect that Brenntag will post 0.9 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BNTGY. DZ Bank upgraded Brenntag from a "hold" rating to a "strong-buy" rating in a research report on Friday. Barclays raised shares of Brenntag from a "strong sell" rating to a "hold" rating in a research report on Friday, January 17th. Finally, UBS Group lowered shares of Brenntag from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 17th.

About Brenntag

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.