Brenntag SE (OTCMKTS:BNTGY) Short Interest Update

Brenntag SE (OTCMKTS:BNTGY) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 121,200 shares, a growth of 121,100.0% from the November 15th total of 100 shares. Based on an average daily volume of 392,300 shares, the short-interest ratio is currently 0.3 days.

Brenntag Trading Down 1.1 %

OTCMKTS BNTGY opened at $12.85 on Friday. The firm has a market capitalization of $9.28 billion, a P/E ratio of 15.86 and a beta of 1.11. The firm’s fifty day moving average price is $13.12 and its two-hundred day moving average price is $13.76. Brenntag has a 1 year low of $11.79 and a 1 year high of $18.72.

Analysts Set New Price Targets

Separately, Citigroup lowered shares of Brenntag from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

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.