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

Brambles Limited (OTCMKTS:BXBLY) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 40,500 shares, a growth of 800.0% from the December 15th total of 4,500 shares. Based on an average trading volume of 102,300 shares, the days-to-cover ratio is currently 0.4 days.

Brambles Stock Down 1.5 %

OTCMKTS BXBLY traded down $0.36 on Wednesday, hitting $23.54. 57,689 shares of the stock were exchanged, compared to its average volume of 59,493. Brambles has a fifty-two week low of $18.07 and a fifty-two week high of $26.70. The company has a 50-day moving average price of $24.61 and a 200-day moving average price of $23.51. 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 Company Profile

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.