Bunzl plc (OTCMKTS:BZLFY) Short Interest Update

Bunzl plc (OTCMKTS:BZLFY - Get Free Report) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totalling 300 shares, a drop of 57.1% from the March 15th total of 700 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 255,100 shares, the days-to-cover ratio is presently 0.0 days.

Bunzl Price Performance

BZLFY stock traded up $0.01 during midday trading on Monday, hitting $15.21. The stock had a trading volume of 129,019 shares, compared to its average volume of 84,587. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.15 and a quick ratio of 0.75. Bunzl has a 1-year low of $14.76 and a 1-year high of $24.57. The business has a fifty day moving average price of $19.58 and a two-hundred day moving average price of $28.34.

Analysts Set New Price Targets

Several analysts recently weighed in on BZLFY shares. Barclays upgraded Bunzl from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 31st. Hsbc Global Res raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 20th. Peel Hunt upgraded shares of Bunzl to a "moderate buy" rating in a research report on Wednesday, March 5th. Citigroup raised Bunzl from a "hold" rating to a "strong-buy" rating in a report on Monday, January 13th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Bunzl from a "hold" rating to a "buy" rating in a research report on Monday, March 24th. One research analyst has rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, Bunzl currently has an average rating of "Buy".

About Bunzl

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.