Brambles Limited (OTCMKTS:BMBLF) Short Interest Update

Brambles Limited (OTCMKTS:BMBLF) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 1,403,100 shares, a decline of 8.4% from the August 15th total of 1,532,200 shares. Based on an average daily trading volume, of 21,200 shares, the days-to-cover ratio is presently 66.2 days.

Brambles Price Performance

OTCMKTS:BMBLF opened at $11.40 on Thursday. The firm has a 50-day moving average of $10.78 and a two-hundred day moving average of $10.20. Brambles has a 1-year low of $8.50 and a 1-year high of $13.49.

About Brambles

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.