Brambles Limited (OTCMKTS:BXBLY) Short Interest Update

Brambles Limited (OTCMKTS:BXBLY) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 111,400 shares, a drop of 36.9% from the February 28th total of 176,600 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 111,900 shares, the short-interest ratio is currently 1.0 days.

Brambles Stock Performance

BXBLY traded down $0.06 during midday trading on Friday, reaching $25.65. The company’s stock had a trading volume of 91,432 shares, compared to its average volume of 69,927. The stock’s 50-day moving average is $25.20 and its 200-day moving average is $24.98. Brambles has a 1 year low of $18.24 and a 1 year high of $27.63. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.61 and a quick ratio of 0.57.

Brambles Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, March 13th will be given a dividend of $0.3853 per share. The ex-dividend date of this dividend is Thursday, March 13th. This is a positive change from Brambles’s previous dividend of $0.37.

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.