Bunzl PLC (OTCMKTS:BZLFY) Short Interest Update

Bunzl PLC (OTCMKTS:BZLFY) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 181,948 shares, an increase of 116.4% from the January 29th total of 84,081 shares. Based on an average trading volume of 173,954 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 173,954 shares, the days-to-cover ratio is presently 1.0 days.

Bunzl Stock Down 0.1%

OTCMKTS:BZLFY traded down $0.01 during mid-day trading on Friday, reaching $14.59. The company’s stock had a trading volume of 17,086 shares, compared to its average volume of 164,590. The company’s fifty day simple moving average is $14.17 and its two-hundred day simple moving average is $15.12. The company has a quick ratio of 0.77, a current ratio of 1.36 and a debt-to-equity ratio of 0.69. Bunzl has a twelve month low of $13.32 and a twelve month high of $21.34.

Analyst Ratings Changes

BZLFY has been the subject of several analyst reports. BNP Paribas Exane downgraded shares of Bunzl to a “neutral” rating in a research note on Monday, January 5th. Jefferies Financial Group upgraded shares of Bunzl to a “moderate sell” rating in a report on Wednesday, December 17th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Bunzl Company Profile

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company’s product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.