Brambles Limited (OTCMKTS:BXBLY) Short Interest Update

Brambles Limited (OTCMKTS:BXBLY) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 111,400 shares, a drop of 36.9% from the February 28th total of 176,600 shares. Based on an average trading volume of 111,900 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the shares of the company are short sold.

Brambles Price Performance

Shares of BXBLY stock traded down $0.06 on Monday, reaching $25.65. The stock had a trading volume of 91,432 shares, compared to its average volume of 69,927. Brambles has a 12 month low of $18.24 and a 12 month high of $27.63. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 0.54. The firm’s 50-day moving average is $25.20 and its two-hundred day moving average is $24.99.

Brambles Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.3853 per share. The ex-dividend date is Thursday, March 13th. This is an increase from Brambles’s previous dividend of $0.37.

Brambles Company Profile

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.