Brambles Limited (OTCMKTS:BXBLY) Short Interest Update

Brambles Limited (OTCMKTS:BXBLY) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 84,000 shares, an increase of 85.0% from the September 30th total of 45,400 shares. Based on an average daily volume of 49,300 shares, the short-interest ratio is presently 1.7 days.

Brambles Stock Down 0.9 %

OTCMKTS:BXBLY traded down $0.22 during trading hours on Friday, reaching $24.14. 43,872 shares of the company were exchanged, compared to its average volume of 37,651. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 0.54. The business has a 50 day moving average of $24.95 and a 200 day moving average of $21.36. Brambles has a 1-year low of $16.58 and a 1-year high of $26.70.

Brambles Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, October 17th. Investors of record on Thursday, September 12th were given a $0.3722 dividend. The ex-dividend date was Thursday, September 12th. This is a boost from Brambles’s previous dividend of $0.28.

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.