Brenntag SE (OTCMKTS:BNTGF) Sees Large Drop in Short Interest

Brenntag SE (OTCMKTS:BNTGF) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 326,100 shares, a decrease of 6.9% from the October 31st total of 350,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Brenntag Trading Up 3.0 %

Brenntag stock traded up $1.87 during mid-day trading on Tuesday, hitting $63.91. The company’s stock had a trading volume of 9 shares, compared to its average volume of 246. The stock’s fifty day moving average price is $65.46 and its two-hundred day moving average price is $68.36. Brenntag has a twelve month low of $61.95 and a twelve month high of $90.00.

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.