Brambles Limited (OTCMKTS:BXBLY) Short Interest Down 15.4% in February

Brambles Limited (OTCMKTS:BXBLY) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 17,000 shares, a decline of 15.4% from the January 31st total of 20,100 shares. Based on an average daily volume of 86,400 shares, the short-interest ratio is presently 0.2 days.

Brambles Price Performance

Shares of Brambles stock opened at $26.55 on Thursday. The stock’s 50-day moving average is $24.55 and its 200-day moving average is $24.74. Brambles has a one year low of $18.24 and a one year high of $27.63. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.57 and a current ratio of 0.61.

Brambles Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, March 13th will be given a $0.3853 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This is an increase 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.