Brambles Limited (OTCMKTS:BXBLY) Sees Significant Growth in Short Interest

Brambles Limited (OTCMKTS:BXBLY) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 54,600 shares, a growth of 4,450.0% from the May 31st total of 1,200 shares. Based on an average trading volume of 148,900 shares, the short-interest ratio is currently 0.4 days.

Brambles Price Performance

Shares of OTCMKTS:BXBLY opened at $19.44 on Friday. The stock’s 50 day moving average price is $19.12 and its 200 day moving average price is $19.32. Brambles has a 12 month low of $16.58 and a 12 month high of $21.22.

Brambles Company Profile

Brambles Limited operates as a supply-chain logistics company. It operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. The company engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers.