Brenntag SE (OTCMKTS:BNTGY) Short Interest Down 99.5% in April

Brenntag SE (OTCMKTS:BNTGY - Get Free Report) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 100 shares, a drop of 99.5% from the March 31st total of 21,100 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 152,400 shares, the days-to-cover ratio is presently 0.0 days.

Brenntag Stock Performance

OTCMKTS:BNTGY traded up $0.55 on Friday, hitting $13.20. 126,421 shares of the stock were exchanged, compared to its average volume of 85,070. Brenntag has a 52 week low of $11.09 and a 52 week high of $16.79. The stock has a market capitalization of $9.53 billion, a price-to-earnings ratio of 16.30 and a beta of 1.02. The company's 50-day moving average price is $13.18 and its 200 day moving average price is $12.82.

Brenntag (OTCMKTS:BNTGY - Get Free Report) last posted its quarterly earnings results on Wednesday, March 12th. The company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.02). Brenntag had a return on equity of 12.24% and a net margin of 3.36%. The business had revenue of $4.26 billion for the quarter, compared to the consensus estimate of $3.84 billion. As a group, equities research analysts predict that Brenntag will post 0.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on BNTGY shares. Barclays raised shares of Brenntag from a "strong sell" rating to a "hold" rating in a report on Friday, January 17th. DZ Bank raised shares of Brenntag from a "hold" rating to a "strong-buy" rating in a report on Friday, March 28th. Finally, UBS Group downgraded Brenntag from a "strong-buy" rating to a "hold" rating in a report on Friday, January 17th.

Brenntag Company Profile

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.

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