K-Bro Linen Inc. (OTCMKTS:KBRLF) Short Interest Up 23.1% in October

K-Bro Linen Inc. (OTCMKTS:KBRLFGet Free Report) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 3,200 shares, a growth of 23.1% from the October 15th total of 2,600 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 32.0 days.

K-Bro Linen Price Performance

Shares of OTCMKTS KBRLF remained flat at $26.30 during mid-day trading on Friday. The stock has a 50-day moving average price of $26.38 and a 200 day moving average price of $26.37. K-Bro Linen has a one year low of $25.75 and a one year high of $26.67.

About K-Bro Linen

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K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.

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