Bunzl PLC (OTCMKTS:BZLFY) Sees Significant Decrease in Short Interest

Bunzl PLC (OTCMKTS:BZLFY) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 117,479 shares, a decline of 35.4% from the February 12th total of 181,948 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 713,624 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 713,624 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Bunzl Stock Up 1.1%

Shares of BZLFY stock opened at $15.17 on Friday. The company has a quick ratio of 0.77, a current ratio of 1.36 and a debt-to-equity ratio of 0.69. Bunzl has a 12 month low of $13.32 and a 12 month high of $20.44. The company has a 50 day simple moving average of $14.37 and a two-hundred day simple moving average of $15.05.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. BNP Paribas Exane downgraded Bunzl to a “neutral” rating in a research note on Monday, January 5th. Jefferies Financial Group upgraded Bunzl to a “moderate sell” rating in a research report on Wednesday, December 17th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Bunzl has a consensus rating of “Moderate Buy”.

Bunzl Company Profile

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company’s product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.