Saputo Inc. (OTCMKTS:SAPIF) Sees Significant Increase in Short Interest

Saputo Inc. (OTCMKTS:SAPIF) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 1,191,600 shares, an increase of 29.9% from the January 31st total of 917,100 shares. Based on an average trading volume of 9,700 shares, the short-interest ratio is currently 122.8 days.

Saputo Stock Performance

OTCMKTS SAPIF traded down $0.58 on Wednesday, reaching $17.01. The company’s stock had a trading volume of 15,525 shares, compared to its average volume of 3,387. Saputo has a 52 week low of $15.67 and a 52 week high of $23.50. The business has a 50-day moving average price of $16.94 and a 200 day moving average price of $19.04.

Saputo Company Profile

Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers mozzarella and cheddar; ricotta, provolone, blue, parmesan, goat cheese, feta, romano, Havarti, and soft cheeses; brie and camembert fine cheeses; and other cheeses, such brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.