Bunzl plc (OTCMKTS:BZLFY – Get Free Report) was the target of a large decline in short interest in October. As of October 31st, there was short interest totalling 7,700 shares, a decline of 60.1% from the October 15th total of 19,300 shares. Based on an average trading volume of 43,400 shares, the days-to-cover ratio is presently 0.2 days.
Bunzl Stock Down 2.0 %
Shares of BZLFY stock traded down $0.88 on Friday, hitting $43.84. 13,221 shares of the stock were exchanged, compared to its average volume of 20,242. Bunzl has a fifty-two week low of $35.78 and a fifty-two week high of $49.13. The business has a 50-day moving average of $46.49 and a 200 day moving average of $42.41.
Bunzl Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, January 10th. Investors of record on Friday, November 15th will be given a $0.2511 dividend. The ex-dividend date is Friday, November 15th.
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.
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