Coffee Holding Co., Inc. (NASDAQ:JVA) Short Interest Update

Posted by Alanna Baker on Dec 26th, 2024

Coffee Holding Co., Inc. (NASDAQ:JVA – Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 32,100 shares, an increase of 1,428.6% from the November 30th total of 2,100 shares. Based on an average trading volume of 105,700 shares, the short-interest ratio is currently 0.3 days. Approximately 0.6% of the company’s stock are short sold.

Coffee Stock Performance

JVA stock traded down $0.06 during mid-day trading on Thursday, hitting $3.89. The company had a trading volume of 68,159 shares, compared to its average volume of 74,324. Coffee has a 12 month low of $0.85 and a 12 month high of $4.66. The stock’s fifty day moving average price is $3.53 and its two-hundred day moving average price is $2.77. The firm has a market cap of $22.21 million, a PE ratio of 19.45 and a beta of 1.40.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Coffee in a research report on Wednesday, December 4th. They issued a “buy” rating on the stock.

Read Our Latest Stock Analysis on Coffee

Institutional Investors Weigh In On Coffee

Several large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC grew its stake in Coffee by 2.8% in the 2nd quarter. Renaissance Technologies LLC now owns 324,564 shares of the company’s stock valued at $759,000 after buying an additional 8,900 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Coffee in the third quarter worth $34,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Coffee in the third quarter valued at $32,000.

Coffee Company Profile

(Get Free Report)

Coffee Holding Co, Inc engages in manufacturing, roasting, packaging, marketing, and distributing roasted and blended coffees in the United States, Australia, Canada, England, and China. It offers wholesale green coffee products, including unroasted raw beans that are sold to large, medium, and small roasters, as well as coffee shop operators; and roasts, blends, packages, and sells coffee under private labels in cans, brick packages, and instants of various sizes.