Brenntag SE (OTCMKTS:BNTGY) Short Interest Up 2,200.0% in June

Brenntag SE (OTCMKTS:BNTGY) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 2,300 shares, a growth of 2,200.0% from the May 31st total of 100 shares. Based on an average trading volume of 58,300 shares, the days-to-cover ratio is presently 0.0 days.

Brenntag Trading Down 0.7 %

Shares of OTCMKTS BNTGY opened at $13.43 on Friday. Brenntag has a 12 month low of $13.43 and a 12 month high of $18.72. The stock has a 50 day moving average of $14.83 and a 200-day moving average of $16.51. The company has a market capitalization of $9.70 billion, a P/E ratio of 14.29 and a beta of 1.13.

Brenntag (OTCMKTS:BNTGY) last issued its earnings results on Tuesday, May 14th. The company reported $0.21 EPS for the quarter. Brenntag had a return on equity of 14.38% and a net margin of 3.93%. The company had revenue of $4.35 billion during the quarter. Analysts predict that Brenntag will post 0.97 EPS for the current fiscal year.

Brenntag Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 12th. Stockholders of record on Friday, May 24th were paid a dividend of $0.0498 per share. The ex-dividend date was Thursday, May 23rd. Brenntag’s dividend payout ratio is currently 1.06%.

Brenntag Company Profile

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.