Brambles Limited (OTCMKTS:BXBLY) Sees Significant Growth in Short Interest

Brambles Limited (OTCMKTS:BXBLYGet Free Report) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 22,900 shares, a growth of 1,172.2% from the March 31st total of 1,800 shares. Based on an average daily volume of 49,800 shares, the short-interest ratio is presently 0.5 days.

Brambles Stock Up 0.1 %

BXBLY stock opened at $18.76 on Friday. The stock’s 50 day moving average price is $20.17 and its 200 day moving average price is $18.81. Brambles has a 1 year low of $16.58 and a 1 year high of $21.22.

Brambles Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 18th. Stockholders of record on Thursday, March 14th were given a $0.2831 dividend. This is an increase from Brambles’s previous dividend of $0.26. The ex-dividend date was Wednesday, March 13th.

Brambles Company Profile

(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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