Bunzl plc (OTCMKTS:BZLFY – Get Free Report) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 7,700 shares, a decline of 60.1% from the October 15th total of 19,300 shares. Based on an average daily volume of 43,400 shares, the days-to-cover ratio is currently 0.2 days.
Bunzl Trading Down 2.0 %
OTCMKTS BZLFY traded down $0.88 during trading on Friday, reaching $43.84. 13,221 shares of the company’s stock were exchanged, compared to its average volume of 20,242. Bunzl has a fifty-two week low of $35.78 and a fifty-two week high of $49.13. The company’s fifty day simple moving average is $46.49 and its 200-day simple moving average is $42.41.
Bunzl Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, January 10th. Investors of record on Friday, November 15th will be issued a dividend of $0.2511 per share. The ex-dividend date of this dividend is Friday, November 15th.
Bunzl Company Profile
Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.
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