JDE Peet’s (OTCMKTS:JDEPF) Sees Large Increase in Short Interest

JDE Peet’s (OTCMKTS:JDEPF) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 466,000 shares, an increase of 11.3% from the January 15th total of 418,700 shares. Based on an average daily volume of 216,700 shares, the short-interest ratio is presently 2.2 days.

JDE Peet’s Stock Up 8.0 %

JDE Peet’s stock traded up $1.32 during mid-day trading on Monday, reaching $17.82. The company’s stock had a trading volume of 191,201 shares, compared to its average volume of 93,856. The business’s 50 day simple moving average is $18.16 and its 200 day simple moving average is $20.67. JDE Peet’s has a 12 month low of $16.50 and a 12 month high of $25.60.

JDE Peet’s Company Profile

JDE Peet’s N.V., together with its subsidiaries, provides various coffee and tea products worldwide. It operates through LARMEA, APAC, Europe, and Peet’s segments. The company sells its products under the L’OR, Peet’s, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick, and Moccona brand names.