Brambles Limited (OTCMKTS:BMBLF) Short Interest Up 33.6% in November

Brambles Limited (OTCMKTS:BMBLF) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 1,278,300 shares, a growth of 33.6% from the November 15th total of 957,100 shares. Based on an average daily volume of 6,800 shares, the days-to-cover ratio is presently 188.0 days.

Brambles Price Performance

Shares of BMBLF opened at $11.88 on Friday. Brambles has a twelve month low of $8.74 and a twelve month high of $14.13. The stock’s 50 day moving average is $12.67 and its two-hundred day moving average is $11.28.

Brambles Company Profile

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.