Bunzl plc (OTCMKTS:BZLFY) Short Interest Down 45.0% in August

Bunzl plc (OTCMKTS:BZLFY) saw a significant decline in short interest in August. As of August 15th, there was short interest totalling 31,900 shares, a decline of 45.0% from the July 31st total of 58,000 shares. Based on an average daily volume of 21,800 shares, the days-to-cover ratio is currently 1.5 days.

Bunzl Price Performance

Shares of BZLFY opened at $46.10 on Wednesday. Bunzl has a 1-year low of $33.97 and a 1-year high of $46.37. The company has a quick ratio of 0.91, a current ratio of 1.40 and a debt-to-equity ratio of 0.48. The firm’s 50 day simple moving average is $40.74 and its 200 day simple moving average is $39.36.

Bunzl Company Profile

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.