Bunzl PLC (OTCMKTS:BZLFY) Short Interest Up 112.9% in May

Bunzl PLC (OTCMKTS:BZLFY) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 82,706 shares, an increase of 112.9% from the April 30th total of 38,843 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 44,108 shares, the short-interest ratio is currently 1.9 days.

Bunzl Stock Performance

OTCMKTS:BZLFY opened at $15.85 on Monday. The company has a current ratio of 1.39, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62. Bunzl has a 52 week low of $13.32 and a 52 week high of $17.73. The firm has a 50-day moving average price of $15.75 and a two-hundred day moving average price of $14.83.

Analyst Ratings Changes

Separately, Barclays lowered shares of Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Bunzl Company Profile

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company’s product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.