Brambles Limited (OTCMKTS:BMBLF) Short Interest Down 21.5% in December

Brambles Limited (OTCMKTS:BMBLF) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 924,700 shares, a decline of 21.5% from the December 15th total of 1,178,400 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 1,849.4 days.

Brambles Stock Performance

Shares of OTCMKTS BMBLF remained flat at $12.01 during midday trading on Thursday. The stock’s 50-day moving average is $12.54 and its 200-day moving average is $11.70. Brambles has a one year low of $8.90 and a one year 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.