Brenntag SE (OTCMKTS:BNTGY) Short Interest Down 17.8% in February

Brenntag SE (OTCMKTS:BNTGY) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 23,500 shares, a decline of 17.8% from the February 13th total of 28,600 shares. Based on an average trading volume of 75,100 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

BNTGY has been the subject of several analyst reports. UBS Group lowered Brenntag from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 17th. Barclays upgraded Brenntag from a “strong sell” rating to a “hold” rating in a research report on Friday, January 17th.

Brenntag Trading Up 1.1 %

BNTGY stock opened at $14.18 on Tuesday. Brenntag has a 12 month low of $11.09 and a 12 month high of $17.39. The stock has a market cap of $10.24 billion, a PE ratio of 17.51 and a beta of 1.08. The company has a 50-day moving average price of $12.82 and a 200 day moving average price of $13.11.

Brenntag (OTCMKTS:BNTGY) last announced its earnings results on Wednesday, March 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). Brenntag had a net margin of 3.36% and a return on equity of 12.24%. The business had revenue of $4.26 billion for the quarter, compared to analysts’ expectations of $3.84 billion. Sell-side analysts forecast that Brenntag will post 0.9 EPS for the current year.

Brenntag Company Profile

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.