Brambles Ltd. (OTCMKTS:BXBLY) Short Interest Update

Key Points

• Short interest in Brambles Ltd. increased by 98.1% in July 2023, reaching a total of 21,200 shares.
• The company's stock opened at $30.80, with a 52-week range between $18.85 and $31.99.
• Brambles operates as a supply-chain logistics company, focusing on pooling unit-load equipment and management of pallets and containers.

Brambles Ltd. (OTCMKTS:BXBLY - ) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 21,200 shares, anincreaseof98.1% from the June 30th total of 10,700 shares. Based on an average daily trading volume, of 105,900 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 105,900 shares, the days-to-cover ratio is currently 0.2 days.

Brambles Trading Up 1.0%

Shares of BXBLY stock opened at $30.80 on Tuesday. Brambles has a 52 week low of $18.85 and a 52 week high of $31.99. The company has a quick ratio of 0.50, a current ratio of 0.53 and a debt-to-equity ratio of 0.40. The firm has a 50 day moving average of $30.44 and a 200-day moving average of $27.47.

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.

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