Bunzl plc (OTCMKTS:BZLFY – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 7,700 shares, a decline of 60.1% from the October 15th total of 19,300 shares. Based on an average daily trading volume, of 43,400 shares, the short-interest ratio is presently 0.2 days.
Bunzl Stock Performance
Shares of BZLFY stock traded up $0.56 during trading on Wednesday, hitting $44.72. 16,558 shares of the company were exchanged, compared to its average volume of 26,851. The business’s 50-day simple moving average is $46.60 and its 200 day simple moving average is $42.35. Bunzl has a twelve month low of $35.78 and a twelve month high of $49.13.
Bunzl Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, November 15th will be given a $0.2511 dividend. The ex-dividend date of this dividend is Friday, November 15th.
About Bunzl
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.
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