Restaurant Brands New Zealand Limited (OTCMKTS:RTBRF) Sees Significant Growth in Short Interest

Restaurant Brands New Zealand Limited (OTCMKTS:RTBRF) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 19,700 shares, a growth of 166.2% from the September 15th total of 7,400 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 65.7 days.

Shares of Restaurant Brands New Zealand stock remained flat at $$10.72 during trading on Thursday. The stock has a 50-day moving average price of $10.81 and a 200-day moving average price of $10.27. Restaurant Brands New Zealand has a 12 month low of $7.84 and a 12 month high of $11.01.

About Restaurant Brands New Zealand

Restaurant Brands New Zealand Ltd. engages in the management of quick service and takeaway restaurants. It operates franchises for KFC, Pizza Hut, Starbucks Coffee, Taco Bell, and Carl’s Jr. It operates through the following segments: New Zealand, Australia, Hawaii, and Corporate Support Function. The company was founded on March 20, 1997 and is headquartered in Auckland, New Zealand.

See Also: Cash Flow

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