Bunzl plc (OTCMKTS:BZLFF) Short interest down 31.2% in March

Bunzl plc (OTCMKTS:BZLFF – Get Rating) was the target of a significant drop in short interest during the month of March. As of March 31, there was short interest totaling 45,600 shares, down 31.2% from the March 15 total of 66,300 shares. Based on an average daily trading volume of 100 shares, the day-to-cover ratio is currently 456.0 days.

Shares of OTCMKTS BZLFF opened at $39.22 on Friday. Bunzl has a 12-month low of $30.70 and a 12-month high of $40.34. The company’s 50-day simple moving average is $38.43 and its 200-day simple moving average is $36.96.

Bunzl company profile (Get an evaluation)

Bunzl Plc provides distribution and outsourcing services. It provides non-food products operating primarily in the catering, grocery, cleaning and security, non-food distribution and healthcare markets. The company offers procurement services, including procurement and inventory management. It provides consumable products such as food packaging, disposable tableware and catering equipment, cleaning and hygiene products, customer equipment, personal protective equipment, packaging and healthcare consumables to various customer markets including grocery, foodservice, cleaning and hygiene, security, non-food retail. and health care.

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