Brenntag SE (OTCMKTS:BNTGY) Short Interest Update

Brenntag SE (OTCMKTS:BNTGY) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 3,000 shares, a decline of 89.0% from the December 15th total of 27,200 shares. Based on an average daily volume of 240,500 shares, the days-to-cover ratio is currently 0.0 days.

Brenntag Trading Down 1.3 %

Shares of OTCMKTS:BNTGY traded down $0.15 on Monday, reaching $11.34. 334,459 shares of the company traded hands, compared to its average volume of 188,551. The stock has a market capitalization of $8.19 billion, a P/E ratio of 14.00 and a beta of 1.12. Brenntag has a 52 week low of $11.19 and a 52 week high of $18.72. The business’s 50-day simple moving average is $12.43 and its 200 day simple moving average is $13.47.

Analyst Upgrades and Downgrades

Separately, Citigroup downgraded Brenntag from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th.

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.