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

Brambles Limited (OTCMKTS:BXBLY) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 40,500 shares, a growth 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 Down 0.2 %

Shares of OTCMKTS:BXBLY opened at $24.30 on Thursday. Brambles has a 52-week low of $18.24 and a 52-week high of $26.70. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 0.54. The company has a 50-day simple moving average of $24.38 and a 200 day simple moving average of $23.86.

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.