Bunzl plc (OTCMKTS:BZLFY – Get Free Report) was the recipient of a large increase in short interest in 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 volume of 45,900 shares, the short-interest ratio is currently 0.4 days.
Bunzl Price Performance
Bunzl stock traded down $0.68 during mid-day trading on Friday, reaching $45.43. The company had a trading volume of 19,679 shares, compared to its average volume of 27,658. Bunzl has a 52 week low of $34.55 and a 52 week high of $49.13. The company has a 50 day moving average of $46.37 and a 200-day moving average 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 issued a $0.2511 dividend. The ex-dividend date 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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