Bunzl plc (OTCMKTS:BZLFY) Sees Large Growth in Short Interest

Bunzl plc (OTCMKTS:BZLFYGet Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 7,100 shares, a growth of 7,000.0% from the April 15th total of 100 shares. Based on an average daily volume of 89,000 shares, the days-to-cover ratio is presently 0.1 days.

Bunzl Price Performance

Shares of OTCMKTS:BZLFY opened at $39.85 on Friday. Bunzl has a 12 month low of $33.97 and a 12 month high of $42.39. The stock’s 50 day moving average price is $38.32 and its 200 day moving average price is $38.81.

Bunzl Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 5th. Investors of record on Friday, May 17th will be paid a dividend of $0.6007 per share. The ex-dividend date is Thursday, May 16th. This is a boost from Bunzl’s previous dividend of $0.21.

Bunzl Company Profile

(Get Free Report)

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.

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