K-Bro Linen Inc. (OTCMKTS:KBRLF) Short Interest Up 32.7% in March

K-Bro Linen Inc. (OTCMKTS:KBRLF) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 57,766 shares, an increase of 32.7% from the March 15th total of 43,536 shares. Based on an average trading volume of 830 shares, the short-interest ratio is currently 69.6 days.

K-Bro Linen Stock Performance

Shares of K-Bro Linen stock traded down $0.55 on Wednesday, reaching $26.35. 9,200 shares of the stock were exchanged, compared to its average volume of 1,457. The firm’s 50 day moving average is $25.71 and its 200-day moving average is $25.87. K-Bro Linen has a one year low of $24.24 and a one year high of $28.24.

K-Bro Linen Company Profile

K-Bro Linen Services Limited is a North American textile services provider specializing in the rental, cleaning, and management of linens and related products for healthcare, hospitality, and industrial clients. Founded in 1961 and headquartered in Mississauga, Ontario, the company has grown to become a leading commercial linen services provider in Canada. It trades on the OTC market under the ticker KBRLF.

The company offers a full range of textile solutions, including linen rental, infection-prevention laundering, inventory control programs, and turnkey linen management services.