K-Bro Linen Inc. (OTCMKTS:KBRLF) Short Interest Down 19.3% in January

K-Bro Linen Inc. (OTCMKTS:KBRLF) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 25,675 shares, a drop of 19.3% from the January 15th total of 31,830 shares. Based on an average trading volume of 269 shares, the days-to-cover ratio is presently 95.4 days. Based on an average trading volume of 269 shares, the days-to-cover ratio is presently 95.4 days.

K-Bro Linen Stock Performance

OTCMKTS:KBRLF opened at $25.09 on Friday. K-Bro Linen has a one year low of $22.60 and a one year high of $28.24. The firm’s fifty day moving average price is $25.61 and its two-hundred day moving average price is $26.13.

About K-Bro Linen

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.