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Brambles Limited (OTCMKTS:BXBLY) Sees Large Drop in Short Interest

Brambles logo with Industrials background

Brambles Limited (OTCMKTS:BXBLY - Get Free Report) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 2,300 shares, a decline of 88.6% from the May 15th total of 20,200 shares. Based on an average daily trading volume, of 67,600 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Brambles Stock Performance

BXBLY stock traded down $0.05 during midday trading on Thursday, reaching $30.11. The company had a trading volume of 23,029 shares, compared to its average volume of 75,136. Brambles has a 1 year low of $18.55 and a 1 year high of $31.07. The firm has a 50-day moving average price of $27.61 and a 200-day moving average price of $25.81. 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 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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