Short Interest in K-Bro Linen Inc. (OTCMKTS:KBRLF) Expands By 42.0%

K-Bro Linen Inc. (OTCMKTS:KBRLF) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 43,536 shares, a growth of 42.0% from the February 26th total of 30,658 shares. Based on an average daily trading volume, of 541 shares, the short-interest ratio is presently 80.5 days.

K-Bro Linen Price Performance

KBRLF stock remained flat at $25.49 during midday trading on Friday. K-Bro Linen has a 12 month low of $23.79 and a 12 month high of $28.24. The firm has a fifty day simple moving average of $25.79 and a two-hundred day simple moving average of $26.03.

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.