What’s BRENNTAG AG MUEHLEIM/RUHR NAMEN – AKT G (OTCMKTS:BNTGF) Upside After This Short Interest Increase?

May 18, 2018 - By Christine Ryals

Brenntag AG (OTCMKTS:BNTGF) Logo

The stock of BRENNTAG AG MUEHLEIM/RUHR NAMEN – AKT G (OTCMKTS:BNTGF) registered an increase of 58.83% in short interest. BNTGF’s total short interest was 100,700 shares in May as published by FINRA. Its up 58.83% from 63,400 shares, reported previously. With 100 shares average volume, it will take short sellers 1007 days to cover their BNTGF’s short positions.

It closed at $60.38 lastly. It is down 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Brenntag AG, a chemical distribution company, provides distribution solutions for industrial and specialty chemicals worldwide. The company has market cap of $10.18 billion. The firm also provides value added services. It has a 21.02 P/E ratio. It serves clients in various end-market industries, such as adhesives, paints, gas and oil, food, water treatment, personal care, and pharmaceuticals.

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