Bunzl plc (OTCMKTS:BZLFY) Short Interest Update

Bunzl plc (OTCMKTS:BZLFY) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 82,000 shares, an increase of 114.1% from the December 15th total of 38,300 shares. Based on an average trading volume of 100,400 shares, the days-to-cover ratio is currently 0.8 days.

Bunzl Stock Down 0.0 %

Shares of Bunzl stock traded down $0.01 during trading on Wednesday, hitting $20.24. 102,687 shares of the stock were exchanged, compared to its average volume of 70,263. The company has a fifty day moving average price of $31.95 and a 200-day moving average price of $39.89. Bunzl has a 1-year low of $18.30 and a 1-year high of $24.57.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. HSBC downgraded shares of Bunzl from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Hsbc Global Res downgraded Bunzl from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Finally, Royal Bank of Canada upgraded Bunzl from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 16th.

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.