Short Interest in Brenntag SE (OTCMKTS:BNTGF) Drops By 20.6%

Brenntag SE (OTCMKTS:BNTGF) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 320,500 shares, a decline of 20.6% from the August 31st total of 403,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 3,205.0 days.

Brenntag Price Performance

Shares of BNTGF stock remained flat at $66.23 on Friday. The business has a 50-day moving average of $69.05 and a 200 day moving average of $74.20. Brenntag has a 1 year low of $66.23 and a 1 year high of $90.00.

About Brenntag

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.