Bunzl plc (OTCMKTS:BZLFF) Sees Large Drop in Short Interest

Bunzl plc (OTCMKTS:BZLFF) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 55,700 shares, a drop of 6.5% from the December 15th total of 59,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 557.0 days.

Bunzl Stock Performance

BZLFF stock opened at $39.09 on Friday. The company has a fifty day moving average price of $43.54 and a 200 day moving average price of $43.27. Bunzl has a 12 month low of $36.60 and a 12 month high of $47.53.

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.