Short Interest in Brambles Ltd. (OTCMKTS:BXBLY) Expands By 172.1%

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

Brambles Stock Performance

Shares of Brambles stock opened at $31.31 on Wednesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.67. The stock’s fifty day moving average price is $30.75 and its 200-day moving average price is $31.54. Brambles has a 12 month low of $22.60 and a 12 month high of $35.27.

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.