Brambles Limited (OTCMKTS:BXBLY) Short Interest Down 36.9% in March

Brambles Limited (OTCMKTS:BXBLY) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 111,400 shares, a decline of 36.9% from the February 28th total of 176,600 shares. Based on an average daily volume of 111,900 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the company’s shares are sold short.

Brambles Trading Down 0.2 %

OTCMKTS BXBLY opened at $25.65 on Friday. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 0.54. Brambles has a 12 month low of $18.24 and a 12 month high of $27.63. The stock has a 50-day simple moving average of $25.20 and a 200 day simple moving average of $24.99.

Brambles Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, March 13th will be paid a dividend of $0.3853 per share. This is a positive change from Brambles’s previous dividend of $0.37. The ex-dividend date is Thursday, March 13th.

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.