K-Bro Linen Inc. (OTCMKTS:KBRLF – Get Free Report) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 31,373 shares, a drop of 41.4% from the November 30th total of 53,510 shares. Based on an average trading volume of 518 shares, the short-interest ratio is currently 60.6 days. Based on an average trading volume of 518 shares, the short-interest ratio is currently 60.6 days.
K-Bro Linen Stock Performance
OTCMKTS KBRLF remained flat at $25.38 on Friday. K-Bro Linen has a 12 month low of $22.60 and a 12 month high of $28.24. The company’s fifty day simple moving average is $25.92 and its 200-day simple moving average is $26.07.
K-Bro Linen Company Profile
K-Bro Linen Services Limited is a North American textile services provider specializing in the rental, cleaning, and management of linens and related products for healthcare, hospitality, and industrial clients. Founded in 1961 and headquartered in Mississauga, Ontario, the company has grown to become a leading commercial linen services provider in Canada. It trades on the OTC market under the ticker KBRLF.
The company offers a full range of textile solutions, including linen rental, infection-prevention laundering, inventory control programs, and turnkey linen management services.
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