Short Interest in Brambles Limited (OTCMKTS:BXBLY) Expands By 673.1%

Brambles Limited (OTCMKTS:BXBLY) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 20,100 shares, a growth of 673.1% from the January 15th total of 2,600 shares. Based on an average daily volume of 95,300 shares, the days-to-cover ratio is presently 0.2 days.

Brambles Price Performance

OTCMKTS:BXBLY traded down $0.15 during midday trading on Wednesday, reaching $24.21. The stock had a trading volume of 26,244 shares, compared to its average volume of 48,700. The firm has a fifty day simple moving average of $24.28 and a two-hundred day simple moving average of $24.18. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.57 and a current ratio of 0.61. Brambles has a 12-month low of $18.24 and a 12-month high of $26.70.

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.