Bunzl plc (OTCMKTS:BZLFY – Get Free Report) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 3,600 shares, a drop of 53.2% from the October 31st total of 7,700 shares. Based on an average trading volume of 37,600 shares, the short-interest ratio is presently 0.1 days.
Bunzl Price Performance
Shares of OTCMKTS:BZLFY traded up $0.29 during midday trading on Thursday, reaching $44.76. 9,682 shares of the company’s stock were exchanged, compared to its average volume of 26,674. The company’s 50 day simple moving average is $45.67 and its two-hundred day simple moving average is $42.75. Bunzl has a 12 month low of $36.60 and a 12 month high of $49.13.
Bunzl Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, November 15th will be given a $0.2511 dividend. The ex-dividend date is Friday, November 15th.
About Bunzl
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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