Brambles Limited (OTCMKTS:BXBLY) Sees Significant Decrease in Short Interest

Brambles Limited (OTCMKTS:BXBLY) was the recipient of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 6,000 shares, a decrease of 73.9% from the October 31st total of 23,000 shares. Based on an average daily volume of 57,200 shares, the days-to-cover ratio is currently 0.1 days.

Brambles Stock Down 0.1 %

OTCMKTS:BXBLY traded down $0.03 during trading hours on Friday, hitting $24.96. 20,219 shares of the company’s stock traded hands, compared to its average volume of 37,494. Brambles has a 52 week low of $16.79 and a 52 week high of $26.70. The business’s fifty day simple moving average is $25.23 and its two-hundred day simple moving average is $22.25. 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 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.