Bunzl plc (OTCMKTS:BZLFY) Short Interest Update

Bunzl plc (OTCMKTS:BZLFY) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 300 shares, a decrease of 98.8% from the January 15th total of 24,700 shares. Based on an average daily trading volume, of 97,400 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Royal Bank of Canada raised Bunzl from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 16th. Citigroup raised Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th. HSBC lowered Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Finally, Hsbc Global Res lowered Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Bunzl Stock Up 1.2 %

OTCMKTS:BZLFY opened at $21.52 on Friday. Bunzl has a 1 year low of $18.30 and a 1 year high of $24.57. The business has a 50 day simple moving average of $22.11 and a 200-day simple moving average of $37.04. The company has a quick ratio of 0.75, a current ratio of 1.15 and a debt-to-equity ratio of 0.39.

About Bunzl

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.