Short Interest in K-Bro Linen Inc. (OTCMKTS:KBRLF) Expands By 24.4%

K-Bro Linen Inc. (OTCMKTS:KBRLF) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 5,600 shares, a growth of 24.4% from the December 15th total of 4,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 56.0 days.

K-Bro Linen Price Performance

Shares of K-Bro Linen stock remained flat at $25.12 during mid-day trading on Friday. 20 shares of the company’s stock traded hands, compared to its average volume of 408. K-Bro Linen has a one year low of $25.12 and a one year high of $28.13. The stock has a fifty day moving average of $26.61 and a 200-day moving average of $26.50.

About K-Bro Linen

K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.