Short Interest in Bunzl plc (OTCMKTS:BZLFY) Expands By 302.2%

Bunzl plc (OTCMKTS:BZLFY) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totalling 18,500 shares, an increase of 302.2% from the June 15th total of 4,600 shares. Based on an average daily trading volume, of 43,500 shares, the days-to-cover ratio is presently 0.4 days.

Bunzl Stock Up 1.3 %

Bunzl stock traded up $0.52 during trading on Thursday, reaching $41.22. 8,863 shares of the company were exchanged, compared to its average volume of 35,678. Bunzl has a 52-week low of $33.97 and a 52-week high of $42.39. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.91 and a current ratio of 1.40. The stock’s 50 day simple moving average is $38.58 and its two-hundred day simple moving average is $39.16.

Bunzl Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 5th. Investors of record on Friday, May 17th were given a dividend of $0.6007 per share. This is an increase from Bunzl’s previous dividend of $0.21. The ex-dividend date was Thursday, May 16th.

About Bunzl

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.