Brambles Limited (OTCMKTS:BXBLY - Get Free Report) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 12,800 shares, a drop of 44.1% from the April 15th total of 22,900 shares. Based on an average daily trading volume, of 64,200 shares, the short-interest ratio is presently 0.2 days.
Brambles Stock Performance
Shares of OTCMKTS BXBLY traded down $0.07 during trading on Friday, reaching $18.95. 17,873 shares of the company traded hands, compared to its average volume of 29,194. The firm has a 50 day simple moving average of $20.00 and a 200-day simple moving average of $18.87. Brambles has a 52-week low of $16.58 and a 52-week high of $21.22.
Brambles Increases Dividend
The firm also recently declared a dividend, which was paid on Thursday, April 18th. Shareholders of record on Thursday, March 14th were issued a dividend of $0.2831 per share. The ex-dividend date was Wednesday, March 13th. This is a boost from Brambles's previous dividend of $0.26.
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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