Brambles Limited (OTCMKTS:BXBLY) Sees Large Growth in Short Interest

Brambles Limited (OTCMKTS:BXBLY) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 20,300 shares, an increase of 26.1% from the June 30th total of 16,100 shares. Based on an average daily trading volume, of 154,300 shares, the short-interest ratio is currently 0.1 days.

Brambles Price Performance

Shares of OTCMKTS:BXBLY traded up $0.08 during mid-day trading on Monday, hitting $19.95. 17,700 shares of the company traded hands, compared to its average volume of 35,185. Brambles has a 12-month low of $16.58 and a 12-month high of $21.22. The stock has a 50-day moving average price of $19.27 and a two-hundred day moving average price of $19.53. The company has a quick ratio of 0.50, a current ratio of 0.53 and a debt-to-equity ratio of 0.51.

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.