Short Interest in Brambles Limited (OTCMKTS:BMBLF) Decreases By 20.6%

by · The Markets Daily

Brambles Limited (OTCMKTS:BMBLF – Get Free Report) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 356,600 shares, a decline of 20.6% from the August 15th total of 449,300 shares. Based on an average daily volume of 8,500 shares, the short-interest ratio is currently 42.0 days. Based on an average daily volume of 8,500 shares, the short-interest ratio is currently 42.0 days.

Brambles Stock Performance

OTCMKTS:BMBLF opened at $16.89 on Thursday. Brambles has a 1 year low of $11.65 and a 1 year high of $17.68. The stock’s fifty day moving average price is $15.82 and its two-hundred day moving average price is $14.56.

About Brambles

(Get Free Report)

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.

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