K-Bro Linen Inc. (OTCMKTS:KBRLF – Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 57,766 shares, a growth of 32.7% from the March 15th total of 43,536 shares. Based on an average trading volume of 830 shares, the days-to-cover ratio is presently 69.6 days.
K-Bro Linen Price Performance
Shares of OTCMKTS:KBRLF opened at $27.23 on Friday. The business’s 50-day moving average is $25.78 and its 200-day moving average is $25.89. K-Bro Linen has a 1 year low of $24.24 and a 1 year high of $28.24.
K-Bro Linen Company Profile
K-Bro Linen Services Limited is a North American textile services provider specializing in the rental, cleaning, and management of linens and related products for healthcare, hospitality, and industrial clients. Founded in 1961 and headquartered in Mississauga, Ontario, the company has grown to become a leading commercial linen services provider in Canada. It trades on the OTC market under the ticker KBRLF.
The company offers a full range of textile solutions, including linen rental, infection-prevention laundering, inventory control programs, and turnkey linen management services.
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