Short Interest in K-Bro Linen Inc. (OTCMKTS:KBRLF) Declines By 13.8%

K-Bro Linen Inc. (OTCMKTS:KBRLF) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 2,500 shares, a decrease of 13.8% from the August 15th total of 2,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 25.0 days.

K-Bro Linen Stock Performance

Shares of K-Bro Linen stock remained flat at $26.67 during trading hours on Tuesday. The company has a 50-day moving average price of $26.53 and a two-hundred day moving average price of $25.88. K-Bro Linen has a fifty-two week low of $25.75 and a fifty-two week high of $26.67.

About K-Bro Linen

K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.