Short Interest in Brenntag SE (OTCMKTS:BNTGY) Expands By 72.0%

by · The Cerbat Gem

Brenntag SE (OTCMKTS:BNTGY – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 27,700 shares, an increase of 72.0% from the September 30th total of 16,100 shares. Based on an average daily trading volume, of 37,400 shares, the days-to-cover ratio is presently 0.7 days.

Brenntag Stock Performance

OTCMKTS BNTGY opened at $13.20 on Friday. The stock has a market capitalization of $9.53 billion, a P/E ratio of 14.04 and a beta of 1.11. The business’s fifty day moving average is $14.22 and its two-hundred day moving average is $14.47. Brenntag has a 1 year low of $13.03 and a 1 year high of $18.72.

Brenntag (OTCMKTS:BNTGY – Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $4.50 billion during the quarter. Brenntag had a net margin of 3.72% and a return on equity of 13.45%. On average, research analysts forecast that Brenntag will post 0.96 earnings per share for the current year.

About Brenntag

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Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.

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