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Short Interest in Brambles Limited (OTCMKTS:BXBLY) Declines By 23.7%

Brambles logo with Industrial Products background

Brambles Limited (OTCMKTS:BXBLY - Get Free Report) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 4,500 shares, a drop of 23.7% from the November 30th total of 5,900 shares. Based on an average daily trading volume, of 71,400 shares, the days-to-cover ratio is currently 0.1 days.

Brambles Price Performance

OTCMKTS BXBLY traded down $0.13 on Friday, reaching $23.95. The company's stock had a trading volume of 29,115 shares, compared to its average volume of 37,936. Brambles has a twelve month low of $17.89 and a twelve month high of $26.70. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.61 and a quick ratio of 0.57. The firm's 50 day moving average is $24.69 and its two-hundred day moving average is $23.04.

Brambles Company Profile

(Get Free Report)

Brambles Limited operates as a supply-chain logistics company. It operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. The company engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers.

Further Reading

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