Brenntag SE (OTCMKTS:BNTGY) Short Interest Update

Brenntag SE (OTCMKTS:BNTGY - Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 10,500 shares, an increase of 1,212.5% from the April 30th total of 800 shares. Based on an average daily trading volume, of 66,700 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, DZ Bank cut Brenntag from a "strong-buy" rating to a "strong sell" rating in a research report on Thursday, May 15th.

Brenntag Trading Up 0.4%

Shares of BNTGY stock traded up $0.06 during mid-day trading on Friday, reaching $13.50. The stock had a trading volume of 14,853 shares, compared to its average volume of 71,859. Brenntag has a 12-month low of $11.09 and a 12-month high of $15.07. The company has a market cap of $9.75 billion, a P/E ratio of 16.67 and a beta of 0.93. The business has a 50-day simple moving average of $13.02 and a 200 day simple moving average of $12.82.

Brenntag (OTCMKTS:BNTGY - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by ($0.04). Brenntag had a net margin of 3.36% and a return on equity of 12.24%. Research analysts anticipate that Brenntag will post 0.9 EPS for the current year.

Brenntag Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, June 11th. Investors of record on Monday, May 26th will be given a dividend of $0.2696 per share. This represents a yield of 2%. The ex-dividend date of this dividend is Friday, May 23rd. This is a boost from Brenntag's previous dividend of $0.05. Brenntag's dividend payout ratio (DPR) is currently 34.18%.

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.