Brambles Limited (OTCMKTS:BXBLY - Get Free Report) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,800 shares, an increase of 350.0% from the March 15th total of 400 shares. Based on an average daily volume of 49,900 shares, the short-interest ratio is currently 0.0 days.
Brambles Price Performance
Shares of Brambles stock traded down $0.30 during trading on Wednesday, hitting $20.79. 15,101 shares of the stock were exchanged, compared to its average volume of 22,475. The firm's 50-day moving average price is $20.06 and its 200 day moving average price is $18.70. Brambles has a 12-month low of $16.58 and a 12-month high of $21.22.
Brambles Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, April 18th. Stockholders of record on Thursday, March 14th will be given a dividend of $0.2831 per share. This is a boost from Brambles's previous dividend of $0.26. The ex-dividend date is Wednesday, March 13th.
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.
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