Brenntag SE (OTCMKTS:BNTGF) Sees Large Growth in Short Interest

Brenntag SE (OTCMKTS:BNTGF) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 348,900 shares, an increase of 8.9% from the September 15th total of 320,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 3,489.0 days.

Brenntag Stock Performance

Shares of OTCMKTS:BNTGF remained flat at $66.23 during trading on Tuesday. The firm has a fifty day simple moving average of $68.10 and a 200 day simple moving average of $72.52. Brenntag has a fifty-two week low of $66.23 and a fifty-two week 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.