Brambles Limited (OTCMKTS:BMBLF) Short Interest Down 12.0% in January

Brambles Limited (OTCMKTS:BMBLF) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 564,100 shares, a decrease of 12.0% from the January 15th total of 641,100 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 940.2 days.

Brambles Stock Performance

OTCMKTS:BMBLF opened at $11.69 on Monday. The company’s 50 day moving average price is $12.22 and its 200-day moving average price is $12.07. Brambles has a 52 week low of $8.90 and a 52 week high of $14.13.

About Brambles

Brambles Limited operates as a supply-chain logistics company. It operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. The company engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers.