Bunzl PLC (OTCMKTS:BZLFY) Short Interest Up 115.4% in December

Bunzl PLC (OTCMKTS:BZLFY) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 66,224 shares, a growth of 115.4% from the November 30th total of 30,742 shares. Based on an average daily volume of 246,296 shares, the short-interest ratio is presently 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 daily volume of 246,296 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BZLFY. The Goldman Sachs Group raised shares of Bunzl to a “hold” rating in a report on Friday, October 3rd. Jefferies Financial Group upgraded Bunzl to a “moderate sell” rating in a report on Wednesday, December 17th. Three equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Bunzl presently has an average rating of “Moderate Buy”.

Bunzl Trading Down 0.4%

Shares of BZLFY opened at $14.08 on Friday. 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 company has a 50-day moving average of $14.65 and a two-hundred day moving average of $15.53. Bunzl has a 12-month low of $13.52 and a 12-month high of $21.94.

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.