Short Interest in Brambles Limited (OTCMKTS:BXBLY) Expands By 1,527.5%

Brambles Limited (OTCMKTS:BXBLY - Get Free Report) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 166,000 shares, a growth of 1,527.5% from the March 31st total of 10,200 shares. Based on an average daily volume of 332,900 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Brambles Stock Up 0.3 %

Shares of OTCMKTS BXBLY traded up $0.07 during trading hours on Thursday, hitting $26.43. 102,281 shares of the company's stock were exchanged, compared to its average volume of 84,136. The company's 50-day moving average price is $25.93 and its 200-day moving average price is $25.05. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.61 and a quick ratio of 0.57. Brambles has a 1-year low of $18.24 and a 1-year high of $27.65.

Brambles Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, March 13th were issued a $0.3853 dividend. This is a boost from Brambles's previous dividend of $0.37. The ex-dividend date was Thursday, March 13th.

About Brambles

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.