Brenntag SE (OTCMKTS:BNTGF) Sees Large Decrease in Short Interest

Brenntag SE (OTCMKTS:BNTGF) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 329,100 shares, a drop of 5.8% from the December 15th total of 349,300 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 658.2 days.

Brenntag Price Performance

Brenntag stock opened at $57.03 on Friday. The firm has a 50-day moving average of $61.43 and a two-hundred day moving average of $65.90. Brenntag has a 1 year low of $57.03 and a 1 year high of $88.28.

About Brenntag

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.