K-Bro Linen Inc. (OTCMKTS:KBRLF) Short Interest Up 42.0% in March

K-Bro Linen Inc. (OTCMKTS:KBRLF) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 43,536 shares, an increase of 42.0% from the February 26th total of 30,658 shares. Based on an average daily volume of 541 shares, the short-interest ratio is presently 80.5 days.

K-Bro Linen Stock Performance

KBRLF stock remained flat at $25.49 during trading on Friday. The business’s fifty day simple moving average is $25.79 and its 200-day simple moving average is $26.03. K-Bro Linen has a fifty-two week low of $23.79 and a fifty-two week high of $28.24.

K-Bro Linen Company Profile

K-Bro Linen Services Limited is a North American textile services provider specializing in the rental, cleaning, and management of linens and related products for healthcare, hospitality, and industrial clients. Founded in 1961 and headquartered in Mississauga, Ontario, the company has grown to become a leading commercial linen services provider in Canada. It trades on the OTC market under the ticker KBRLF.

The company offers a full range of textile solutions, including linen rental, infection-prevention laundering, inventory control programs, and turnkey linen management services.