Short Interest in Brenntag SE (OTCMKTS:BNTGY) Rises By 72.0%

Brenntag SE (OTCMKTS:BNTGY) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 27,700 shares, a growth of 72.0% from the September 30th total of 16,100 shares. Based on an average daily trading volume, of 37,400 shares, the short-interest ratio is presently 0.7 days.

Brenntag Trading Down 0.3 %

Shares of OTCMKTS BNTGY traded down $0.05 during midday trading on Friday, reaching $13.20. 33,659 shares of the company were exchanged, compared to its average volume of 34,725. The stock has a market cap of $9.53 billion, a P/E ratio of 14.04 and a beta of 1.11. Brenntag has a 1 year low of $13.03 and a 1 year high of $18.72. The stock has a fifty day simple moving average of $14.22 and a 200 day simple moving average of $14.48.

Brenntag (OTCMKTS:BNTGY) last released its earnings results on Tuesday, August 13th. The company reported $0.22 earnings per share (EPS) for the quarter. Brenntag had a return on equity of 13.45% and a net margin of 3.72%. The business had revenue of $4.50 billion for the quarter. As a group, analysts forecast that Brenntag will post 0.96 earnings per share for the current year.

Brenntag Company Profile

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.