Brenntag SE (OTCMKTS:BNTGY) Short Interest Up 4,176.7% in January

Brenntag SE (OTCMKTS:BNTGY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 128,300 shares, an increase of 4,176.7% from the December 31st total of 3,000 shares. Based on an average daily trading volume, of 376,200 shares, the short-interest ratio is presently 0.3 days.

Brenntag Trading Up 3.1 %

Shares of BNTGY stock traded up $0.39 during trading hours on Thursday, hitting $12.78. 41,460 shares of the company’s stock were exchanged, compared to its average volume of 142,975. The business’s 50 day simple moving average is $12.21 and its 200-day simple moving average is $13.30. Brenntag has a 12-month low of $11.09 and a 12-month high of $18.72. The company has a market capitalization of $9.23 billion, a PE ratio of 15.78 and a beta of 1.12.

Brenntag (OTCMKTS:BNTGY) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.18 earnings per share for the quarter. The business had revenue of $4.47 billion during the quarter. Brenntag had a return on equity of 12.24% and a net margin of 3.36%. Equities analysts anticipate that Brenntag will post 0.94 EPS for the current year.

Analyst Upgrades and Downgrades

BNTGY has been the subject of a number of recent research reports. UBS Group lowered Brenntag from a “strong-buy” rating to a “hold” rating in a report on Friday, January 17th. Barclays upgraded Brenntag from a “strong sell” rating to a “hold” rating in a research note on Friday, January 17th. Finally, Citigroup cut shares of Brenntag from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

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.