Brambles Limited (OTCMKTS:BXBLY) Short Interest Update

Brambles Limited (OTCMKTS:BXBLY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 22,900 shares, a growth of 1,172.2% from the March 31st total of 1,800 shares. Based on an average daily volume of 49,800 shares, the days-to-cover ratio is presently 0.5 days.

Brambles Stock Down 0.7 %

OTCMKTS BXBLY traded down $0.13 during trading on Thursday, hitting $18.66. The stock had a trading volume of 45,862 shares, compared to its average volume of 23,201. The stock has a 50 day simple moving average of $20.19 and a 200 day simple moving average of $18.81. Brambles has a one year low of $16.58 and a one year high of $21.22.

Brambles Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 18th. Investors of record on Thursday, March 14th were issued a dividend of $0.2831 per share. This is an increase from Brambles’s previous dividend of $0.26. The ex-dividend date of this dividend was Wednesday, March 13th.

Brambles Company Profile

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.