Brambles Limited (OTCMKTS:BMBLF) Short Interest Update

Brambles Limited (OTCMKTS:BMBLF) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 1,532,200 shares, an increase of 34.1% from the July 31st total of 1,142,700 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is presently 666.2 days.

Brambles Stock Performance

OTCMKTS BMBLF opened at $11.94 on Friday. The firm has a 50-day moving average of $10.24 and a 200-day moving average of $9.99. Brambles has a 52-week low of $8.50 and a 52-week high of $12.53.

About Brambles

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.