Bunzl PLC (OTCMKTS:BZLFY) Short Interest Update

Key Points

• Bunzl PLC experienced a dramatic increase in short interest, rising by 594.1% from 8,500 shares to 59,000 shares in August.
• As of August 31st, the short-interest ratio stands at 0.5 days based on an average trading volume of 118,100 shares.
• Analyst ratings for Bunzl stock include three Strong Buy ratings, one Buy, and four Hold ratings, leading to an overall average rating of "Moderate Buy".

Bunzl PLC (OTCMKTS:BZLFY - Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 59,000 shares, a growth of 594.1% from the August 15th total of 8,500 shares. Based on an average trading volume of 118,100 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company's shares are sold short. Approximately 0.0% of the company's shares are sold short. Based on an average trading volume of 118,100 shares, the short-interest ratio is currently 0.5 days.

Bunzl Price Performance

BZLFY stock traded up $0.12 during midday trading on Thursday, hitting $17.29. 18,706 shares of the company's stock were exchanged, compared to its average volume of 86,297. The firm has a 50 day moving average price of $15.90 and a 200-day moving average price of $16.86. Bunzl has a 12-month low of $14.76 and a 12-month high of $24.57. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.18 and a quick ratio of 0.76.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on BZLFY shares. Kepler Capital Markets raised Bunzl to a "hold" rating in a research report on Thursday, June 19th. Royal Bank Of Canada lowered Bunzl from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, June 17th. Three analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy".

Bunzl Company Profile

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.

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