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Bunzl plc (OTCMKTS:BZLFY) Sees Significant Decrease in Short Interest

Bunzl logo with Multi-Sector Conglomerates background

Bunzl plc (OTCMKTS:BZLFY - Get Free Report) was the target of a significant decline in short interest in August. As of August 15th, there was short interest totalling 31,900 shares, a decline of 45.0% from the July 31st total of 58,000 shares. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is presently 1.5 days.

Bunzl Price Performance

Shares of BZLFY stock traded down $0.26 on Wednesday, reaching $45.84. 12,146 shares of the company's stock traded hands, compared to its average volume of 30,749. Bunzl has a 12-month low of $33.97 and a 12-month high of $46.37. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.91 and a current ratio of 1.40. The business's 50 day moving average price is $40.89 and its two-hundred day moving average price is $39.41.

About Bunzl

(Get Free Report)

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.

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