K-Bro Linen Inc. (OTCMKTS:KBRLF) Short Interest Down 13.8% in August

K-Bro Linen Inc. (OTCMKTS:KBRLF) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 2,500 shares, a drop of 13.8% from the August 15th total of 2,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 25.0 days.

K-Bro Linen Stock Performance

OTCMKTS KBRLF remained flat at $26.67 on Tuesday. The firm has a fifty day simple moving average of $26.53 and a 200 day simple moving average of $25.88. K-Bro Linen has a twelve month low of $25.75 and a twelve month high of $26.67.

About K-Bro Linen

K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.