Short Interest in Brenntag SE (OTCMKTS:BNTGY) Increases By 28.8%

Brenntag SE (OTCMKTS:BNTGY) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 16,100 shares, a growth of 28.8% from the September 15th total of 12,500 shares. Based on an average daily volume of 28,400 shares, the days-to-cover ratio is currently 0.6 days.

Brenntag Price Performance

Shares of BNTGY traded up $0.03 during trading hours on Monday, hitting $14.21. The company’s stock had a trading volume of 39,500 shares, compared to its average volume of 34,784. The business has a 50 day simple moving average of $14.27 and a two-hundred day simple moving average of $14.66. Brenntag has a 52-week low of $13.03 and a 52-week high of $18.72. The company has a market cap of $10.26 billion, a price-to-earnings ratio of 15.12 and a beta of 1.11.

Brenntag (OTCMKTS:BNTGY) last posted its earnings results on Tuesday, August 13th. The company reported $0.22 earnings per share (EPS) for the quarter. Brenntag had a net margin of 3.72% and a return on equity of 13.45%. The firm had revenue of $4.50 billion during the quarter. Research analysts predict that Brenntag will post 0.96 earnings per share for the current year.

Brenntag Company Profile

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.