Bunzl plc (OTCMKTS:BZLFY) Short Interest Down 98.8% in January

Bunzl plc (OTCMKTS:BZLFY) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 300 shares, a decrease of 98.8% from the January 15th total of 24,700 shares. Based on an average daily trading volume, of 97,400 shares, the short-interest ratio is currently 0.0 days.

Bunzl Trading Up 0.7 %

Shares of Bunzl stock opened at $21.46 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.75 and a current ratio of 1.15. Bunzl has a one year low of $18.30 and a one year high of $24.57. The firm has a fifty day moving average of $22.61 and a two-hundred day moving average of $37.15.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BZLFY. Citigroup upgraded shares of Bunzl from a “hold” rating to a “strong-buy” rating in a report on Monday, January 13th. HSBC cut shares of Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Royal Bank of Canada upgraded shares of Bunzl from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 16th. Finally, Hsbc Global Res cut shares of Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Bunzl Company Profile

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.