K-Bro Linen Inc. (OTCMKTS:KBRLF – Get Free Report) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 31,373 shares, a decrease of 41.4% from the November 30th total of 53,510 shares. Based on an average daily trading volume, of 518 shares, the short-interest ratio is presently 60.6 days. Based on an average daily trading volume, of 518 shares, the short-interest ratio is presently 60.6 days.
K-Bro Linen Price Performance
KBRLF remained flat at $25.38 during trading on Monday. The firm has a 50 day moving average price of $25.92 and a 200 day moving average price of $26.07. K-Bro Linen has a twelve month low of $22.60 and a twelve month high of $28.24.
K-Bro Linen Company Profile
K-Bro Linen Services Limited is a North American textile services provider specializing in the rental, cleaning, and management of linens and related products for healthcare, hospitality, and industrial clients. Founded in 1961 and headquartered in Mississauga, Ontario, the company has grown to become a leading commercial linen services provider in Canada. It trades on the OTC market under the ticker KBRLF.
The company offers a full range of textile solutions, including linen rental, infection-prevention laundering, inventory control programs, and turnkey linen management services.
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