Bunzl PLC (OTCMKTS:BZLFY) Short Interest Update

Bunzl PLC (OTCMKTS:BZLFY) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 155,035 shares, a growth of 32.0% from the February 26th total of 117,479 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 199,923 shares, the short-interest ratio is currently 0.8 days.

Bunzl Trading Up 1.4%

Shares of OTCMKTS BZLFY opened at $14.59 on Tuesday. Bunzl has a twelve month low of $13.32 and a twelve month high of $20.44. The firm has a fifty day simple moving average of $14.56 and a 200 day simple moving average of $14.85. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.36 and a quick ratio of 0.77.

Analyst Ratings Changes

Several brokerages have commented on BZLFY. Barclays downgraded Bunzl from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th. BNP Paribas Exane cut Bunzl to a “neutral” rating in a research note on Monday, January 5th. Finally, Jefferies Financial Group upgraded Bunzl to a “moderate sell” rating in a research report on Wednesday, December 17th. Six analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

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.