Brenntag SE (OTCMKTS:BNTGF) Sees Large Growth in Short Interest

Brenntag SE (OTCMKTS:BNTGFGet Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 391,641 shares, a growth of 85.0% from the August 15th total of 211,723 shares. Based on an average daily volume of 41 shares, the short-interest ratio is presently 9,552.2 days.

Brenntag Price Performance

OTCMKTS:BNTGF opened at $69.00 on Friday. Brenntag has a one year low of $51.80 and a one year high of $75.18. The stock has a 50 day moving average price of $68.09 and a 200 day moving average price of $65.43.

Brenntag Company Profile

(Get Free Report)

Brenntag SE, trading on the OTC Market under the symbol BNTGF, is a global leader in the distribution of industrial and specialty chemicals. Headquartered in Essen, Germany, the company serves a broad range of end markets including coatings, plastics, food and nutrition, pharmaceuticals, water treatment and personal care. Through its extensive network of distribution centers, Brenntag offers customers a one-stop solution for sourcing and logistics services, helping to streamline supply chains and improve time-to-market efficiency.

The company’s core activities encompass the procurement, storage, handling and delivery of over 10,000 different chemical products sourced from leading global manufacturers.

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