K-Bro Linen Inc. (OTCMKTS:KBRLF) Sees Significant Increase in Short Interest

K-Bro Linen Inc. (OTCMKTS:KBRLF) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 45,400 shares, an increase of 36.7% from the September 30th total of 33,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 454.0 days. Based on an average daily volume of 100 shares, the short-interest ratio is presently 454.0 days.

K-Bro Linen Trading Down 2.0%

KBRLF opened at $26.87 on Wednesday. The firm’s fifty day moving average is $26.90 and its two-hundred day moving average is $26.06. K-Bro Linen has a twelve month low of $22.60 and a twelve month high of $28.24.

About K-Bro Linen

K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.