Brenntag SE (OTCMKTS:BNTGY) Short Interest Down 85.7% in January

Brenntag SE (OTCMKTS:BNTGY - Get Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 18,400 shares, a decrease of 85.7% from the January 15th total of 128,300 shares. Based on an average daily trading volume, of 171,300 shares, the short-interest ratio is currently 0.1 days.

Brenntag Trading Down 0.1 %

BNTGY stock traded down $0.01 during midday trading on Friday, reaching $13.44. The stock had a trading volume of 27,102 shares, compared to its average volume of 140,762. The company's fifty day simple moving average is $12.23 and its 200 day simple moving average is $13.18. The company has a market cap of $9.70 billion, a price-to-earnings ratio of 16.59 and a beta of 1.11. Brenntag has a 52-week low of $11.09 and a 52-week high of $18.72.

Wall Street Analysts Forecast Growth

BNTGY has been the topic of a number of recent research reports. Citigroup lowered Brenntag from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 13th. Barclays upgraded Brenntag from a "strong sell" rating to a "hold" rating in a research report on Friday, January 17th. Finally, UBS Group downgraded 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.