Brenntag SE (OTCMKTS:BNTGY) Short Interest Up 55.4% in February

Brenntag SE (OTCMKTS:BNTGY) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 28,600 shares, an increase of 55.4% from the January 31st total of 18,400 shares. Based on an average daily trading volume, of 191,900 shares, the short-interest ratio is presently 0.1 days.

Brenntag Stock Performance

Shares of OTCMKTS:BNTGY opened at $13.34 on Tuesday. Brenntag has a 52 week low of $11.09 and a 52 week high of $18.72. The company has a market capitalization of $9.63 billion, a PE ratio of 16.47 and a beta of 1.11. The company has a 50 day moving average price of $12.38 and a two-hundred day moving average price of $13.14.

Analyst Ratings Changes

Several analysts recently issued reports on BNTGY shares. Barclays upgraded Brenntag from a “strong sell” rating to a “hold” rating in a report on Friday, January 17th. UBS Group downgraded shares of Brenntag from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 17th. Finally, Citigroup lowered 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.