Bunzl plc (OTCMKTS:BZLFY – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 7,700 shares, a decline of 60.1% from the October 15th total of 19,300 shares. Based on an average daily volume of 43,400 shares, the short-interest ratio is currently 0.2 days.
Bunzl Stock Performance
Shares of OTCMKTS BZLFY traded up $0.56 during trading hours on Wednesday, reaching $44.72. The stock had a trading volume of 16,558 shares, compared to its average volume of 26,851. Bunzl has a twelve month low of $35.78 and a twelve month high of $49.13. The business’s fifty day moving average is $46.60 and its two-hundred day moving average is $42.35.
Bunzl Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.2511 per share. The ex-dividend date of this dividend is Friday, November 15th.
About Bunzl
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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