Brambles Limited (OTCMKTS:BXBLY) Short Interest Update

Brambles Limited (OTCMKTS:BXBLY) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 23,000 shares, a drop of 72.6% from the October 15th total of 84,000 shares. Based on an average daily volume of 140,500 shares, the short-interest ratio is presently 0.2 days.

Brambles Stock Performance

Shares of BXBLY traded up $0.43 during trading on Tuesday, reaching $25.55. 23,393 shares of the company traded hands, compared to its average volume of 37,816. Brambles has a twelve month low of $16.79 and a twelve month high of $26.70. The stock has a 50-day simple moving average of $25.18 and a 200-day simple moving average of $21.75. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.61 and a quick ratio of 0.57.

Brambles Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, October 17th. Investors of record on Thursday, September 12th were paid a $0.3722 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This is an increase from Brambles’s previous dividend of $0.28.

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.