Brambles Limited (OTCMKTS:BXBLY) Sees Significant Increase in Short Interest

Brambles Limited (OTCMKTS:BXBLY - Get Free Report) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 20,100 shares, an increase of 673.1% from the January 15th total of 2,600 shares. Based on an average daily trading volume, of 95,300 shares, the days-to-cover ratio is currently 0.2 days.

Brambles Stock Down 0.4 %

BXBLY traded down $0.09 on Friday, reaching $24.46. 26,459 shares of the company traded hands, compared to its average volume of 48,700. The firm has a fifty day simple moving average of $24.25 and a two-hundred day simple moving average of $24.24. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 0.54. Brambles has a one year low of $18.24 and a one year high of $26.70.

About Brambles

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.