Brenntag SE (OTCMKTS:BNTGF – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 133,418 shares, a decline of 38.9% from the May 14th total of 218,521 shares. Based on an average daily volume of 89 shares, the short-interest ratio is presently 1,499.1 days.
Brenntag Stock Performance
Shares of BNTGF stock remained flat at $65.68 on Tuesday. Brenntag has a fifty-two week low of $51.80 and a fifty-two week high of $75.18. The business has a 50-day simple moving average of $67.61 and a 200-day simple moving average of $61.75.
About Brenntag
Brenntag SE, trading on the OTC Market under the symbol BNTGF, is a global leader in the distribution of industrial and specialty chemicals. Headquartered in Essen, Germany, the company serves a broad range of end markets including coatings, plastics, food and nutrition, pharmaceuticals, water treatment and personal care. Through its extensive network of distribution centers, Brenntag offers customers a one-stop solution for sourcing and logistics services, helping to streamline supply chains and improve time-to-market efficiency.
The company’s core activities encompass the procurement, storage, handling and delivery of over 10,000 different chemical products sourced from leading global manufacturers.
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