Short Interest in Brambles Ltd. (OTCMKTS:BXBLY) Drops By 74.3%

Brambles Ltd. (OTCMKTS:BXBLY) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 6,667 shares, a decrease of 74.3% from the November 30th total of 25,979 shares. Based on an average daily volume of 89,590 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 89,590 shares, the short-interest ratio is currently 0.1 days.

Brambles Stock Performance

BXBLY stock opened at $30.91 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.67. Brambles has a twelve month low of $22.60 and a twelve month high of $35.27. The business has a fifty day moving average of $31.19 and a 200-day moving average of $31.50.

Brambles Company Profile

Brambles Limited (OTCMKTS:BXBLY) is a global supply-chain logistics company headquartered in Sydney, Australia, best known for its pooled pallet and reusable packaging services. The company operates the CHEP brand for pallets and larger load-carrier solutions and the IFCO brand for reusable plastic crates, offering customers standardized, shared assets that move goods through retail, grocery, manufacturing and other supply chains.

Brambles’ core activities include the management, distribution and maintenance of pooled pallets, crates and containers; repair and refurbishment services; and logistics support such as asset tracking and inventory management.