Short Interest in Brenntag SE (OTCMKTS:BNTGF) Declines By 20.6%

Brenntag SE (OTCMKTS:BNTGFGet Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 320,500 shares, a drop of 20.6% from the August 31st total of 403,500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 3,205.0 days.

Brenntag Stock Performance

Shares of BNTGF remained flat at $66.23 during trading hours on Friday. The firm has a 50-day simple moving average of $69.05 and a 200-day simple moving average of $74.20. Brenntag has a twelve month low of $66.23 and a twelve month high of $90.00.

About Brenntag

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Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.

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