K-Bro Linen Inc. (OTCMKTS:KBRLF) Short Interest Up 23.1% in October

K-Bro Linen Inc. (OTCMKTS:KBRLF) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 3,200 shares, a growth of 23.1% from the October 15th total of 2,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 32.0 days.

K-Bro Linen Price Performance

OTCMKTS KBRLF remained flat at $26.30 during trading hours on Friday. The business’s 50 day moving average is $26.38 and its two-hundred day moving average is $26.38. K-Bro Linen has a 52-week low of $25.75 and a 52-week high of $26.67.

About K-Bro Linen

K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.