Short Interest in Brenntag SE (OTCMKTS:BNTGY) Rises By 55.4%

Brenntag SE (OTCMKTS:BNTGY - Get Free Report) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 28,600 shares, a growth of 55.4% from the January 31st total of 18,400 shares. Based on an average daily volume of 191,900 shares, the short-interest ratio is currently 0.1 days.

Brenntag Stock Performance

Shares of OTCMKTS:BNTGY traded up $1.10 during trading hours on Wednesday, hitting $14.20. 48,990 shares of the company's stock traded hands, compared to its average volume of 111,366. The company's fifty day simple moving average is $12.43 and its two-hundred day simple moving average is $13.13. The company has a market cap of $10.25 billion, a price-to-earnings ratio of 17.53 and a beta of 1.08. Brenntag has a 52 week low of $11.09 and a 52 week high of $18.72.

Wall Street Analysts Forecast Growth

A number of research firms have commented on BNTGY. Barclays upgraded shares of Brenntag from a "strong sell" rating to a "hold" rating in a research report on Friday, January 17th. Citigroup downgraded shares of Brenntag from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 13th. Finally, UBS Group downgraded shares of Brenntag from a "strong-buy" rating to a "hold" rating in a research report 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.