Brambles Limited (OTCMKTS:BMBLF) Short Interest Update

Brambles Limited (OTCMKTS:BMBLF) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 1,278,300 shares, an increase of 33.6% from the November 15th total of 957,100 shares. Based on an average trading volume of 6,800 shares, the short-interest ratio is currently 188.0 days.

Brambles Price Performance

Shares of BMBLF traded up $0.67 on Friday, hitting $12.55. The company’s stock had a trading volume of 10,355 shares, compared to its average volume of 2,403. Brambles has a fifty-two week low of $8.74 and a fifty-two week high of $14.13. The firm’s fifty day moving average price is $12.67 and its 200-day moving average price is $11.31.

About Brambles

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.