Short Interest in Brambles Limited (OTCMKTS:BMBLF) Grows By 7.0%

Brambles Limited (OTCMKTS:BMBLF) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,501,700 shares, an increase of 7.0% from the August 31st total of 1,403,100 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 5,005.7 days.

Brambles Trading Down 1.7 %

Shares of OTCMKTS:BMBLF opened at $11.40 on Tuesday. The firm’s 50 day simple moving average is $11.08 and its 200 day simple moving average is $10.30. Brambles has a fifty-two week low of $8.50 and a fifty-two week high of $13.49.

Brambles Company Profile

Brambles Limited operates as a supply-chain logistics company. It operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. The company engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers.