Bunzl plc (OTCMKTS:BZLFY – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 7,700 shares, a drop of 60.1% from the October 15th total of 19,300 shares. Based on an average daily volume of 43,400 shares, the short-interest ratio is currently 0.2 days.
Bunzl Stock Performance
Bunzl stock traded up $0.56 during mid-day trading on Thursday, hitting $44.72. 16,558 shares of the company’s stock were exchanged, compared to its average volume of 26,851. The company’s 50 day simple moving average is $46.49 and its 200-day simple moving average is $42.41. Bunzl has a fifty-two week low of $35.78 and a fifty-two week high of $49.13.
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 issued a dividend of $0.2511 per share. 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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