Brambles Ltd. (OTCMKTS:BXBLY) Sees Significant Increase in Short Interest

Brambles Ltd. (OTCMKTS:BXBLY) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 18,140 shares, an increase of 172.1% from the December 15th total of 6,667 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 94,502 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 94,502 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Brambles Stock Down 0.7%

BXBLY stock opened at $31.10 on Thursday. The stock’s 50 day simple moving average is $30.75 and its 200 day simple moving average is $31.54. Brambles has a 12-month low of $22.60 and a 12-month high of $35.27. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.67 and a quick ratio of 0.64.

Brambles Company Profile

Brambles Limited (OTCMKTS:BXBLY) is a global supply-chain logistics company headquartered in Sydney, Australia, best known for its pooled pallet and reusable packaging services. The company operates the CHEP brand for pallets and larger load-carrier solutions and the IFCO brand for reusable plastic crates, offering customers standardized, shared assets that move goods through retail, grocery, manufacturing and other supply chains.

Brambles’ core activities include the management, distribution and maintenance of pooled pallets, crates and containers; repair and refurbishment services; and logistics support such as asset tracking and inventory management.