Brambles Limited (OTCMKTS:BMBLF) Short Interest Update

Brambles Limited (OTCMKTS:BMBLF) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 1,501,700 shares, a growth of 7.0% from the August 31st total of 1,403,100 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 5,005.7 days.

Brambles Stock Performance

Shares of OTCMKTS:BMBLF remained flat at $11.60 during midday trading on Monday. The company had a trading volume of 23 shares, compared to its average volume of 2,320. Brambles has a twelve month low of $8.50 and a twelve month high of $13.49. The stock’s 50-day moving average is $11.04 and its two-hundred day moving average is $10.29.

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.