Brambles Ltd. (OTCMKTS:BXBLY) Sees Large Decline in Short Interest

Brambles Ltd. (OTCMKTS:BXBLY) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 9,718 shares, a decline of 46.4% from the December 31st total of 18,140 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 90,062 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 90,062 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Brambles Stock Down 2.1%

Shares of Brambles stock opened at $31.51 on Friday. Brambles has a 1 year low of $23.31 and a 1 year high of $35.27. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.67 and a quick ratio of 0.64. The stock has a 50-day moving average price of $30.91 and a 200 day moving average price of $31.60.

About Brambles

Brambles Limited (OTCMKTS:BXBLY) is a global supply-chain logistics company headquartered in Sydney, Australia, best known for its pooled pallet and reusable packaging services. The company operates the CHEP brand for pallets and larger load-carrier solutions and the IFCO brand for reusable plastic crates, offering customers standardized, shared assets that move goods through retail, grocery, manufacturing and other supply chains.

Brambles’ core activities include the management, distribution and maintenance of pooled pallets, crates and containers; repair and refurbishment services; and logistics support such as asset tracking and inventory management.