Bunzl PLC (OTCMKTS:BZLFY) Short Interest Up 22.1% in March

Key Points

• Short interest rose 22.1% in March to 189,364 shares as of March 31, leaving a short‑interest ratio of about 1.0 days based on average volume.
• The Wall Street consensus is a Hold; recent analyst moves include Barclays downgrading Bunzl from strong‑buy to hold, BNP Paribas Exane to neutral, and Jefferies assigning a "moderate sell."
• Shares opened at $15.66 and have a 1‑year range of $13.32–$17.73, with 50/200‑day moving averages near $14.90/$14.77; the company shows modest leverage (debt‑to‑equity 0.62) and a current ratio of 1.39.

Bunzl PLC (OTCMKTS:BZLFY - Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 189,364 shares, a growth of 22.1% from the March 15th total of 155,035 shares. Based on an average trading volume of 187,383 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the company's stock are sold short.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Jefferies Financial Group upgraded shares of Bunzl to a "moderate sell" rating in a report on Wednesday, December 17th. BNP Paribas Exane lowered shares of Bunzl to a "neutral" rating in a report on Monday, January 5th. Finally, Barclays downgraded Bunzl from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 19th. Six equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of "Hold".

Bunzl Stock Performance

BZLFY opened at $15.66 on Thursday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.80 and a current ratio of 1.39. Bunzl has a 1-year low of $13.32 and a 1-year high of $17.73. The company's fifty day moving average price is $14.90 and its two-hundred day moving average price is $14.77.

Bunzl Company Profile

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company's product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.

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