Bunzl plc (OTCMKTS:BZLFY) Sees Large Decrease in Short Interest

Bunzl plc (OTCMKTS:BZLFY) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 9,800 shares, a decline of 21.6% from the August 31st total of 12,500 shares. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is currently 1.0 days.

Bunzl Price Performance

Bunzl stock traded down $0.23 during trading on Friday, hitting $47.43. The stock had a trading volume of 13,631 shares, compared to its average volume of 27,963. The stock’s 50 day moving average is $44.47 and its two-hundred day moving average is $40.58. Bunzl has a 1 year low of $33.97 and a 1 year high of $49.13. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.40 and a quick ratio of 0.91.

About Bunzl

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.