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

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

K-Bro Linen Stock Performance

OTCMKTS KBRLF opened at $26.67 on Wednesday. K-Bro Linen has a 12 month low of $25.75 and a 12 month high of $26.67. The company’s 50 day simple moving average is $26.53 and its 200 day simple moving average is $25.88.

K-Bro Linen Company Profile

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.