Bunzl PLC (OTCMKTS:BZLFY) Sees Significant Decline in Short Interest

Bunzl PLC (OTCMKTS:BZLFY - Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 23,300 shares, a decline of 29.6% from the September 30th total of 33,100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 106,000 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 106,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.Wall Street Analyst Weigh InSeparately, The Goldman Sachs Group raised Bunzl to a "hold" rating in a report on Friday, October 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy".Read Our Latest Report on BZLFYBunzl Price PerformanceShares of BZLFY opened at $15.22 on Monday. The stock has a 50 day moving average of $16.50 and a 200 day moving average of $15.99. Bunzl has a 12 month low of $14.76 and a 12 month high of $23.42. The company has a quick ratio of 0.77, a current ratio of 1.36 and a debt-to-equity ratio of 0.69. Bunzl Company Profile (Get Free Report)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.See AlsoFive stocks we like better than BunzlWhat Are Dividend Contenders? Investing in Dividend ContendersIs Lemonade Stock Set for a Big Squeeze After Earnings?What is the FTSE 100 index? Caterpillar Stock Could Top $650 by Year’s EndHow to Calculate Options ProfitsServiceNow’s 5-for-1 Split Is a Signal for Investors to BuyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Bunzl Right Now?Before you consider Bunzl, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bunzl wasn't on the list.While Bunzl currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here