Bunzl plc (OTCMKTS:BZLFF) Sees Significant Growth in Short Interest

Bunzl plc (OTCMKTS:BZLFF) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 59,800 shares, an increase of 98.7% from the October 31st total of 30,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 598.0 days.

Bunzl Trading Up 1.1 %

Shares of BZLFF stock traded up $0.49 during trading hours on Thursday, hitting $44.51. 1,119 shares of the company’s stock were exchanged, compared to its average volume of 1,925. The firm has a 50 day moving average of $45.86 and a two-hundred day moving average of $41.91. Bunzl has a fifty-two week low of $36.60 and a fifty-two week high of $47.53.

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.