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

JDE Peet’s (OTCMKTS:JDEPF) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 466,000 shares, a growth of 11.3% from the January 15th total of 418,700 shares. Based on an average daily volume of 216,700 shares, the days-to-cover ratio is currently 2.2 days.

JDE Peet’s Stock Up 8.0 %

Shares of JDEPF stock opened at $17.82 on Monday. JDE Peet’s has a 1-year low of $16.50 and a 1-year high of $25.60. The stock’s 50-day moving average is $18.16 and its 200 day moving average is $20.67.

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.