Brenntag SE (OTCMKTS:BNTGY) Short Interest Down 89.0% in December

Brenntag SE (OTCMKTS:BNTGY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 3,000 shares, a decline of 89.0% from the December 15th total of 27,200 shares. Based on an average daily trading volume, of 240,500 shares, the short-interest ratio is presently 0.0 days.

Brenntag Stock Down 1.3 %

Shares of OTCMKTS BNTGY opened at $11.34 on Tuesday. Brenntag has a 52-week low of $11.19 and a 52-week high of $18.72. The firm has a fifty day moving average of $12.43 and a 200-day moving average of $13.47. The stock has a market capitalization of $8.19 billion, a PE ratio of 14.00 and a beta of 1.12.

Wall Street Analysts Forecast Growth

Separately, Citigroup downgraded shares of Brenntag from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th.

About Brenntag

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.