Brambles Limited (OTCMKTS:BMBLF) Short Interest Down 12.2% in October

Brambles Limited (OTCMKTS:BMBLF) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 1,358,100 shares, a decrease of 12.2% from the September 30th total of 1,547,200 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is currently 1,131.8 days.

Brambles Price Performance

Shares of OTCMKTS:BMBLF opened at $13.03 on Thursday. The stock’s 50-day simple moving average is $12.04 and its two-hundred day simple moving average is $10.63. Brambles has a 52-week low of $8.50 and a 52-week high of $13.73.

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.