Short Interest in K-Bro Linen Inc. (OTCMKTS:KBRLF) Rises By 23.1%

K-Bro Linen Inc. (OTCMKTS:KBRLF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,200 shares, a growth of 23.1% from the October 15th total of 2,600 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 32.0 days.

K-Bro Linen Price Performance

K-Bro Linen stock remained flat at $26.30 during midday trading on Friday. K-Bro Linen has a 1-year low of $25.75 and a 1-year high of $26.67. The stock’s fifty day simple moving average is $26.38 and its two-hundred day simple moving average is $26.38.

K-Bro Linen Company Profile

K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.