Bunzl plc (OTCMKTS:BZLFY) Short Interest Up 33.3% in February

Bunzl plc (OTCMKTS:BZLFY) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 400 shares, a growth of 33.3% from the January 31st total of 300 shares. Based on an average trading volume of 51,800 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

A number of research analysts recently issued reports on BZLFY shares. Royal Bank of Canada upgraded shares of Bunzl from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 16th. Hsbc Global Res cut shares of Bunzl from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. HSBC cut shares of Bunzl from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th. Finally, Citigroup raised shares of Bunzl from a “hold” rating to a “strong-buy” rating in a report on Monday, January 13th.

Bunzl Trading Up 1.9 %

BZLFY stock opened at $19.79 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.15 and a quick ratio of 0.75. Bunzl has a twelve month low of $18.30 and a twelve month high of $24.57. The company’s 50 day moving average is $20.91 and its two-hundred day moving average is $34.90.

About Bunzl

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.