Brambles Limited (OTCMKTS:BXBLY) Short Interest Down 66.4% in February

Brambles Limited (OTCMKTS:BXBLYGet Free Report) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 8,400 shares, a decline of 66.4% from the January 31st total of 25,000 shares. Based on an average daily trading volume, of 40,300 shares, the short-interest ratio is presently 0.2 days.

Brambles Stock Up 0.1 %

Shares of OTCMKTS:BXBLY traded up $0.01 on Thursday, hitting $19.30. The stock had a trading volume of 19,401 shares, compared to its average volume of 19,008. Brambles has a twelve month low of $16.58 and a twelve month high of $20.49. The company has a quick ratio of 0.46, a current ratio of 0.48 and a debt-to-equity ratio of 0.55. The firm’s 50 day moving average price is $18.95 and its 200-day moving average price is $18.35.

Brambles Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 18th. Stockholders of record on Thursday, March 14th will be paid a $0.2831 dividend. The ex-dividend date is Wednesday, March 13th. This is an increase from Brambles’s previous dividend of $0.26.

About Brambles

(Get Free Report)

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.

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