JDE Peet’s (OTCMKTS:JDEPF) Sees Significant Growth in Short Interest

JDE Peet’s (OTCMKTS:JDEPF) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 646,200 shares, an increase of 56.4% from the August 31st total of 413,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

JDE Peet’s Stock Performance

JDE Peet’s stock opened at $22.56 on Friday. JDE Peet’s has a 52 week low of $20.00 and a 52 week high of $28.50. The business has a 50-day simple moving average of $22.60 and a 200 day simple moving average of $22.11.

About JDE Peet’s

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.