Brambles Limited (OTCMKTS:BXBLY) Short Interest Update

Brambles Limited (OTCMKTS:BXBLY) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 22,900 shares, an increase of 1,172.2% from the March 31st total of 1,800 shares. Based on an average daily trading volume, of 49,800 shares, the short-interest ratio is currently 0.5 days.

Brambles Trading Down 0.7 %

BXBLY stock traded down $0.13 during midday trading on Thursday, reaching $18.66. 45,862 shares of the company’s stock traded hands, compared to its average volume of 23,201. The company has a 50-day simple moving average of $20.19 and a two-hundred day simple moving average of $18.81. Brambles has a 1-year low of $16.58 and a 1-year high of $21.22.

Brambles Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 18th. Stockholders of record on Thursday, March 14th were paid a $0.2831 dividend. This is a boost from Brambles’s previous dividend of $0.26. The ex-dividend date of this dividend was Wednesday, March 13th.

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.