Will BARLOWORLD LTD ORD UNSPONSORED AMERICA (OTCMKTS:BRRAY) Run Out of Steam Soon? Short Interest is Up

May 18, 2018 - By Richard Conner

Barloworld Limited (OTCMKTS:BRRAY) Logo

The stock of BARLOWORLD LTD ORD UNSPONSORED AMERICA (OTCMKTS:BRRAY) registered an increase of 10% in short interest. BRRAY’s total short interest was 1,100 shares in May as published by FINRA. Its up 10% from 1,000 shares, reported previously. With 3,100 shares average volume, it will take short sellers 0 days to cover their BRRAY’s short positions.

It closed at $13.6 lastly. It is down 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Barloworld Limited distributes products that provide integrated rental, fleet management, product support, and logistics solutions in South Africa, rest of Africa, the Middle East, and Russia. The company has market cap of $2.72 billion. The firm operates through Equipment, Automotive, and Logistics divisions. It has a 21.15 P/E ratio. It offers short-term vehicle rental services; long-term vehicle lease and fleet management services to operators of passenger and commercial vehicles; and bulk used vehicle disposal solutions and other digital services.

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