Bunzl PLC (OTCMKTS:BZLFY) Short Interest Up 116.4% in February

Bunzl PLC (OTCMKTS:BZLFY) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 181,948 shares, an increase of 116.4% from the January 29th total of 84,081 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 173,954 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 173,954 shares, the short-interest ratio is currently 1.0 days. Currently, 0.0% of the company’s stock are short sold.

Bunzl Trading Up 1.6%

OTCMKTS BZLFY traded up $0.23 during trading on Friday, hitting $14.83. The company’s stock had a trading volume of 1,194,410 shares, compared to its average volume of 198,567. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.36 and a quick ratio of 0.77. The business’s 50 day simple moving average is $14.19 and its 200-day simple moving average is $15.12. Bunzl has a fifty-two week low of $13.32 and a fifty-two week high of $21.34.

Analyst Upgrades and Downgrades

A number of research firms have commented on BZLFY. BNP Paribas Exane downgraded shares of Bunzl to a “neutral” rating in a research report on Monday, January 5th. Jefferies Financial Group raised shares of Bunzl to a “moderate sell” rating in a research note on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Bunzl presently has a consensus rating of “Moderate Buy”.

About Bunzl

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company’s product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.