Brenntag SE (OTCMKTS:BNTGY) Short Interest Update

Brenntag SE (OTCMKTS:BNTGY) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 27,200 shares, a drop of 77.6% from the November 30th total of 121,200 shares. Based on an average daily volume of 193,700 shares, the short-interest ratio is currently 0.1 days.

Brenntag Trading Up 1.4 %

BNTGY traded up $0.17 during trading hours on Friday, hitting $12.16. 89,483 shares of the company’s stock were exchanged, compared to its average volume of 52,510. Brenntag has a 12-month low of $11.58 and a 12-month high of $18.72. The firm has a market cap of $8.78 billion, a P/E ratio of 15.01 and a beta of 1.11. The firm has a 50 day moving average of $12.69 and a 200 day moving average of $13.61.

Analysts Set New Price Targets

Separately, Citigroup cut Brenntag from a “strong-buy” rating to a “hold” rating in a research note 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.