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

Brambles Limited (OTCMKTS:BXBLY) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 40,500 shares, an increase of 800.0% from the December 31st total of 4,500 shares. Based on an average daily volume of 102,300 shares, the short-interest ratio is presently 0.4 days.

Brambles Stock Performance

Shares of BXBLY stock traded down $0.03 during trading hours on Tuesday, hitting $24.36. The stock had a trading volume of 47,420 shares, compared to its average volume of 55,984. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 0.54. Brambles has a one year low of $18.24 and a one year high of $26.70. The stock’s 50-day moving average price is $24.41 and its two-hundred day moving average price is $23.82.

About Brambles

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.