Brambles Ltd. (OTCMKTS:BXBLY) Short Interest Down 46.4% in January

Brambles Ltd. (OTCMKTS:BXBLY) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 9,718 shares, a drop of 46.4% from the December 31st total of 18,140 shares. Based on an average daily trading volume, of 90,062 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 90,062 shares, the short-interest ratio is currently 0.1 days.

Brambles Price Performance

Shares of OTCMKTS BXBLY opened at $31.19 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.67. Brambles has a 12-month low of $23.31 and a 12-month high of $35.27. The firm’s 50-day moving average price is $30.93 and its 200-day moving average price is $31.60.

Brambles Company Profile

Brambles Limited (OTCMKTS:BXBLY) is a global supply-chain logistics company headquartered in Sydney, Australia, best known for its pooled pallet and reusable packaging services. The company operates the CHEP brand for pallets and larger load-carrier solutions and the IFCO brand for reusable plastic crates, offering customers standardized, shared assets that move goods through retail, grocery, manufacturing and other supply chains.

Brambles’ core activities include the management, distribution and maintenance of pooled pallets, crates and containers; repair and refurbishment services; and logistics support such as asset tracking and inventory management.