Bunzl plc (OTCMKTS:BZLFY) Sees Large Growth in Short Interest

Bunzl plc (OTCMKTS:BZLFYGet Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 19,300 shares, an increase of 138.3% from the September 30th total of 8,100 shares. Based on an average daily trading volume, of 45,900 shares, the short-interest ratio is currently 0.4 days.

Bunzl Price Performance

Shares of BZLFY stock opened at $45.43 on Monday. Bunzl has a 1 year low of $34.55 and a 1 year high of $49.13. The firm has a fifty day moving average price of $46.37 and a 200-day moving average price of $41.73.

Bunzl Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, November 15th will be given a $0.2511 dividend. The ex-dividend date of this dividend is Friday, November 15th.

About Bunzl

(Get Free Report)

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.

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