Brambles Limited (OTCMKTS:BXBLY) Short Interest Update

Brambles Limited (OTCMKTS:BXBLY) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totalling 10,200 shares, a decrease of 90.8% from the March 15th total of 111,400 shares. Based on an average daily trading volume, of 158,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Brambles Stock Performance

Brambles stock traded up $0.15 during mid-day trading on Wednesday, hitting $26.61. The company’s stock had a trading volume of 47,524 shares, compared to its average volume of 86,632. The firm’s 50 day moving average is $25.54 and its 200 day moving average is $25.01. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 0.54. Brambles has a 52-week low of $18.24 and a 52-week high of $27.63.

Brambles Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, March 13th will be issued a $0.3853 dividend. The ex-dividend date is Thursday, March 13th. This is a boost 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.