Brambles Limited (OTCMKTS:BXBLY – Get Free Report) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 22,900 shares, a growth of 1,172.2% from the March 31st total of 1,800 shares. Based on an average daily volume of 49,800 shares, the days-to-cover ratio is currently 0.5 days.
Brambles Stock Performance
OTCMKTS:BXBLY opened at $18.75 on Friday. Brambles has a 12-month low of $16.58 and a 12-month high of $21.22. The company’s 50-day moving average is $20.19 and its two-hundred day moving average is $18.81.
Brambles Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, April 18th. Investors of record on Thursday, March 14th were given a dividend of $0.2831 per share. The ex-dividend date was Wednesday, March 13th. This is a positive change from Brambles’s previous dividend of $0.26.
Brambles Company Profile
Brambles Limited operates as a supply-chain logistics company. It operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. The company engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers.
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