Bunzl plc (OTCMKTS:BZLFY – Get Free Report) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 3,600 shares, a drop of 53.2% from the October 31st total of 7,700 shares. Based on an average daily volume of 37,600 shares, the days-to-cover ratio is presently 0.1 days.
Bunzl Price Performance
Bunzl stock opened at $45.42 on Friday. The firm has a fifty day simple moving average of $45.56 and a two-hundred day simple moving average of $42.80. Bunzl has a twelve month low of $36.60 and a twelve month high of $49.13.
Bunzl Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, January 10th. Investors of record on Friday, November 15th will be issued a dividend of $0.2511 per share. The ex-dividend date of this dividend is Friday, November 15th.
About Bunzl
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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