Brenntag SE (OTCMKTS:BNTGY) Short Interest Up 55.4% in February

Brenntag SE (OTCMKTS:BNTGY) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 28,600 shares, a growth of 55.4% from the January 31st total of 18,400 shares. Based on an average daily volume of 191,900 shares, the days-to-cover ratio is presently 0.1 days.

Brenntag Trading Up 0.3 %

Shares of Brenntag stock traded up $0.04 on Friday, reaching $13.17. 32,611 shares of the company were exchanged, compared to its average volume of 104,070. The stock has a fifty day moving average price of $12.38 and a 200-day moving average price of $13.14. The firm has a market capitalization of $9.51 billion, a price-to-earnings ratio of 16.26 and a beta of 1.11. Brenntag has a fifty-two week low of $11.09 and a fifty-two week high of $18.72.

Analyst Ratings Changes

A number of brokerages have issued reports on BNTGY. Barclays upgraded Brenntag from a “strong sell” rating to a “hold” rating in a research report on Friday, January 17th. Citigroup lowered Brenntag from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. Finally, UBS Group lowered Brenntag from a “strong-buy” rating to a “hold” rating in a report on Friday, January 17th.

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.