Bunzl PLC (OTCMKTS:BZLFY) Short Interest Down 35.4% in February

Bunzl PLC (OTCMKTS:BZLFY) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 117,479 shares, a drop of 35.4% from the February 12th total of 181,948 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 713,624 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 713,624 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Bunzl Stock Performance

OTCMKTS:BZLFY opened at $15.17 on Friday. The firm’s 50-day moving average is $14.37 and its 200-day moving average is $15.07. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.77 and a current ratio of 1.36. Bunzl has a 52-week low of $13.32 and a 52-week high of $20.44.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on BZLFY shares. Jefferies Financial Group raised Bunzl to a “moderate sell” rating in a research report on Wednesday, December 17th. BNP Paribas Exane lowered Bunzl to a “neutral” rating in a report on Monday, January 5th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Bunzl currently has a consensus rating of “Moderate Buy”.

Bunzl Company Profile

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company’s product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.