Brenntag SE (OTCMKTS:BNTGF) Short Interest Up 23.2% in August

Brenntag SE (OTCMKTS:BNTGF) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 403,500 shares, an increase of 23.2% from the August 15th total of 327,400 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 1,345.0 days.

Brenntag Price Performance

Shares of BNTGF stock remained flat at $68.44 during mid-day trading on Monday. The stock has a 50-day simple moving average of $69.31 and a 200-day simple moving average of $75.53. Brenntag has a 1 year low of $66.27 and a 1 year high of $90.00.

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.