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

Brambles Limited (OTCMKTS:BXBLY) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 6,000 shares, a decline of 73.9% from the October 31st total of 23,000 shares. Based on an average trading volume of 57,200 shares, the short-interest ratio is presently 0.1 days.

Brambles Stock Down 0.1 %

OTCMKTS:BXBLY traded down $0.03 during midday trading on Friday, hitting $24.96. The company had a trading volume of 20,219 shares, compared to its average volume of 37,494. The stock’s fifty day moving average price is $25.23 and its 200-day moving average price is $22.25. Brambles has a 52-week low of $16.79 and a 52-week high of $26.70. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 0.54.

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.