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

Brambles Limited (OTCMKTS:BXBLY) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 2,600 shares, a drop of 93.6% from the December 31st total of 40,500 shares. Based on an average daily trading volume, of 103,700 shares, the short-interest ratio is currently 0.0 days.

Brambles Price Performance

Brambles stock traded up $0.42 during trading hours on Thursday, reaching $24.72. 33,278 shares of the stock were exchanged, compared to its average volume of 53,509. The firm’s 50 day moving average is $24.38 and its 200 day moving average is $23.86. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 0.54. Brambles has a 52-week low of $18.24 and a 52-week high of $26.70.

Brambles Company Profile

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.