Brambles Ltd. (OTCMKTS:BXBLY - Get Free Report) saw a significant increase in short interest in 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 volume of 105,900 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 105,900 shares, the days-to-cover ratio is presently 0.2 days.
Brambles Price Performance
Shares of BXBLY traded up $0.04 on Friday, reaching $30.31. 32,309 shares of the stock traded hands, compared to its average volume of 33,820. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.50 and a current ratio of 0.53. Brambles has a 12 month low of $19.46 and a 12 month high of $31.99. The stock's 50-day moving average price is $30.52 and its 200-day moving average price is $27.61.
About Brambles
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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.
Further Reading
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