Short Interest in Bunzl PLC (OTCMKTS:BZLFY) Rises By 37,333.2%

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

Wall Street Analysts Forecast Growth

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

Bunzl Stock Down 0.2%

OTCMKTS:BZLFY traded down $0.02 during mid-day trading on Tuesday, hitting $13.91. 48,680 shares of the company’s stock traded hands, compared to its average volume of 117,928. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.77 and a current ratio of 1.36. The firm’s 50 day simple moving average is $14.08 and its 200 day simple moving average is $15.26. Bunzl has a 1 year low of $13.32 and a 1 year high of $21.94.

About Bunzl

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.