Brambles Limited (OTCMKTS:BMBLF) Short Interest Update

Brambles Limited (OTCMKTS:BMBLF) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 957,100 shares, a decline of 43.5% from the October 31st total of 1,694,900 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 4,785.5 days.

Brambles Trading Down 7.2 %

Shares of OTCMKTS:BMBLF traded down $1.01 during midday trading on Thursday, hitting $13.12. 172 shares of the stock were exchanged, compared to its average volume of 2,382. The company has a 50 day moving average price of $12.56 and a 200-day moving average price of $11.10. Brambles has a twelve month low of $8.50 and a twelve month high of $14.13.

About Brambles

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.