Brenntag SE (OTCMKTS:BNTGF – Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 133,418 shares, a drop of 38.9% from the May 14th total of 218,521 shares. Based on an average trading volume of 89 shares, the days-to-cover ratio is presently 1,499.1 days.
Brenntag Price Performance
Brenntag stock opened at $65.68 on Wednesday. The company’s fifty day moving average price is $67.65 and its 200 day moving average price is $61.83. Brenntag has a 1 year low of $51.80 and a 1 year high of $75.18.
Brenntag Company Profile
Brenntag SE, trading on the OTC Market under the symbol BNTGF, is a global leader in the distribution of industrial and specialty chemicals. Headquartered in Essen, Germany, the company serves a broad range of end markets including coatings, plastics, food and nutrition, pharmaceuticals, water treatment and personal care. Through its extensive network of distribution centers, Brenntag offers customers a one-stop solution for sourcing and logistics services, helping to streamline supply chains and improve time-to-market efficiency.
The company’s core activities encompass the procurement, storage, handling and delivery of over 10,000 different chemical products sourced from leading global manufacturers.
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