Brambles Limited (OTCMKTS:BMBLF) Short Interest Update

Brambles Limited (OTCMKTS:BMBLF) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 754,500 shares, a growth of 33.8% from the January 31st total of 564,100 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 1,077.9 days.

Brambles Stock Performance

Shares of OTCMKTS BMBLF opened at $12.68 on Wednesday. The business has a fifty day simple moving average of $12.31 and a 200 day simple moving average of $12.29. Brambles has a one year low of $8.90 and a one 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.