Bunzl plc (OTCMKTS:BZLFY) Short Interest Up 733.3% in May

Bunzl plc (OTCMKTS:BZLFY - Get Free Report) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 5,000 shares, a growth of 733.3% from the May 15th total of 600 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 116,400 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on BZLFY shares. Deutsche Bank Aktiengesellschaft raised shares of Bunzl from a "hold" rating to a "buy" rating in a research note on Monday, March 24th. Barclays upgraded shares of Bunzl from a "hold" rating to a "strong-buy" rating in a report on Monday, March 31st. Hsbc Global Res upgraded shares of Bunzl from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 20th. Finally, Peel Hunt cut shares of Bunzl from a "moderate buy" rating to a "hold" rating in a research report on Thursday, April 24th. Two analysts have rated the stock with a hold rating, one has given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Buy".

Bunzl Stock Performance

Shares of OTCMKTS BZLFY traded down $0.01 during midday trading on Thursday, reaching $15.77. The company had a trading volume of 93,771 shares, compared to its average volume of 96,587. The business's 50-day simple moving average is $16.55 and its 200 day simple moving average is $20.92. Bunzl has a 1 year low of $14.76 and a 1 year high of $24.57. The company has a current ratio of 1.15, a quick ratio of 0.75 and a debt-to-equity ratio of 0.39.

Bunzl Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Monday, May 26th will be issued a $0.3289 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a dividend yield of 2.63%. This is a boost from Bunzl's previous dividend of $0.25.

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.