Brenntag SE (OTCMKTS:BNTGY) Short Interest Update

Brenntag SE (OTCMKTS:BNTGY) was the target of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 100 shares, a drop of 98.4% from the October 31st total of 6,300 shares. Based on an average daily trading volume, of 305,000 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Citigroup lowered Brenntag from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th.

Brenntag Stock Performance

Shares of BNTGY traded up $0.39 during trading hours on Friday, hitting $13.07. The stock had a trading volume of 57,680 shares, compared to its average volume of 179,393. Brenntag has a fifty-two week low of $11.79 and a fifty-two week high of $18.72. The firm has a market capitalization of $9.44 billion, a price-to-earnings ratio of 16.14 and a beta of 1.13. The firm has a 50-day moving average price of $13.41 and a 200 day moving average price of $13.91.

About Brenntag

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.