Bunzl PLC (OTCMKTS:BZLFY) Short Interest Up 37,333.2% in January

Bunzl PLC (OTCMKTS:BZLFY) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 87,968 shares, an increase of 37,333.2% from the December 31st total of 235 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 290,378 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 290,378 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. BNP Paribas Exane cut Bunzl to a “neutral” rating in a research report on Monday, January 5th. The Goldman Sachs Group upgraded shares of Bunzl to a “hold” rating in a research note on Friday, October 3rd. Finally, Jefferies Financial Group upgraded shares of Bunzl to a “moderate sell” rating in a research report on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Bunzl Stock Up 1.5%

OTCMKTS:BZLFY opened at $14.12 on Thursday. Bunzl has a twelve month low of $13.32 and a twelve month high of $21.94. The company has a quick ratio of 0.77, a current ratio of 1.36 and a debt-to-equity ratio of 0.69. The stock’s 50-day simple moving average is $14.09 and its 200 day simple moving average is $15.25.

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.