Brambles Limited (OTCMKTS:BMBLF) Short Interest Update

Brambles Limited (OTCMKTS:BMBLF) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,178,400 shares, a decline of 7.8% from the November 30th total of 1,278,300 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 654.7 days.

Brambles Price Performance

Shares of OTCMKTS:BMBLF opened at $11.65 on Wednesday. The company’s fifty day moving average is $12.66 and its two-hundred day moving average is $11.52. Brambles has a 1-year low of $8.90 and a 1-year high of $14.13.

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.