Short Interest in Bunzl plc (OTCMKTS:BZLFY) Drops By 60.8%

Bunzl plc (OTCMKTS:BZLFY) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 12,500 shares, a drop of 60.8% from the August 15th total of 31,900 shares. Based on an average trading volume of 24,300 shares, the short-interest ratio is presently 0.5 days.

Bunzl Stock Down 0.1 %

Bunzl stock traded down $0.03 during mid-day trading on Friday, hitting $48.06. The stock had a trading volume of 6,548 shares, compared to its average volume of 29,202. The stock has a 50-day simple moving average of $43.04 and a two-hundred day simple moving average of $39.98. Bunzl has a 12 month low of $33.97 and a 12 month high of $48.88. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.40 and a quick ratio of 0.91.

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.