Brambles Limited (OTCMKTS:BMBLF) Sees Large Decrease in Short Interest

Brambles Limited (OTCMKTS:BMBLF) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 1,178,400 shares, a decline of 7.8% from the November 30th total of 1,278,300 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is currently 654.7 days.

Brambles Stock Performance

OTCMKTS BMBLF opened at $11.65 on Wednesday. Brambles has a fifty-two week low of $8.90 and a fifty-two week high of $14.13. The business has a 50 day moving average price of $12.66 and a two-hundred day moving average price of $11.52.

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.