Brenntag SE (OTCMKTS:BNTGF) Sees Large Decline in Short Interest

Brenntag SE (OTCMKTS:BNTGF) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 484,100 shares, a decrease of 16.6% from the March 31st total of 580,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 4,841.0 days.

Brenntag Stock Performance

Shares of BNTGF stock remained flat at $80.13 during trading hours on Monday. Brenntag has a twelve month low of $71.44 and a twelve month high of $90.00. The stock has a fifty day simple moving average of $85.63 and a two-hundred day simple moving average of $84.67.

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.