Brambles Limited (OTCMKTS:BXBLY) Short Interest Update

Brambles Limited (OTCMKTS:BXBLY) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 84,000 shares, an increase of 85.0% from the September 30th total of 45,400 shares. Based on an average daily volume of 49,300 shares, the short-interest ratio is currently 1.7 days.

Brambles Price Performance

Shares of OTCMKTS:BXBLY traded down $0.22 during mid-day trading on Friday, reaching $24.14. 43,872 shares of the stock were exchanged, compared to its average volume of 37,651. The stock’s 50 day simple moving average is $24.95 and its 200-day simple moving average is $21.37. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 0.54. Brambles has a one year low of $16.58 and a one year high of $26.70.

Brambles Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 17th. Stockholders of record on Thursday, September 12th were issued a $0.3722 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This is an increase from Brambles’s previous dividend of $0.28.

About Brambles

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.