Bunzl PLC (OTCMKTS:BZLFY) Short Interest Update

Bunzl PLC (OTCMKTS:BZLFY) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 38,843 shares, a decrease of 76.2% from the April 15th total of 163,531 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 87,345 shares, the short-interest ratio is currently 0.4 days.

Analysts Set New Price Targets

Separately, Barclays lowered shares of Bunzl from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th. Five research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Bunzl currently has an average rating of “Hold”.

Bunzl Stock Down 1.3%

BZLFY stock opened at $15.80 on Friday. The firm has a fifty day moving average price of $15.51 and a 200 day moving average price of $14.75. Bunzl has a fifty-two week low of $13.32 and a fifty-two week high of $17.73. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.39 and a quick ratio of 0.80.

Bunzl Company Profile

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company’s product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.