Brambles Limited (OTCMKTS:BXBLY) Sees Large Drop in Short Interest

Brambles Limited (OTCMKTS:BXBLY) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 4,500 shares, a decrease of 23.7% from the November 30th total of 5,900 shares. Based on an average daily trading volume, of 71,400 shares, the short-interest ratio is presently 0.1 days.

Brambles Stock Performance

OTCMKTS:BXBLY traded down $0.13 on Friday, reaching $23.95. 29,115 shares of the company’s stock traded hands, compared to its average volume of 37,936. The stock has a 50-day simple moving average of $24.69 and a 200-day simple moving average of $23.06. Brambles has a 12 month low of $17.89 and a 12 month high of $26.70. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.61 and a quick ratio of 0.57.

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.