K-Bro Linen Inc. (OTCMKTS:KBRLF) Short Interest Update

K-Bro Linen Inc. (OTCMKTS:KBRLF) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 45,400 shares, a growth of 36.7% from the September 30th total of 33,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 454.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 454.0 days.

K-Bro Linen Stock Performance

Shares of OTCMKTS KBRLF opened at $26.87 on Tuesday. K-Bro Linen has a 1-year low of $22.60 and a 1-year high of $28.24. The business has a fifty day moving average price of $26.92 and a 200 day moving average price of $26.05.

About K-Bro Linen

K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.