Bunzl plc (OTCMKTS:BZLFF) Sees Significant Drop in Short Interest

Bunzl plc (OTCMKTS:BZLFF) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totalling 58,100 shares, a drop of 23.6% from the May 31st total of 76,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 581.0 days.

Bunzl Price Performance

Shares of OTCMKTS:BZLFF remained flat at $38.07 during midday trading on Friday. The business has a 50-day moving average price of $37.93 and a two-hundred day moving average price of $38.83. Bunzl has a 52-week low of $34.03 and a 52-week high of $41.95.

Bunzl Company Profile

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.