Saputo Inc. (OTCMKTS:SAPIF) Short Interest Update

Saputo Inc. (OTCMKTS:SAPIFGet Free Report) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 2,101,200 shares, a growth of 76.3% from the February 13th total of 1,191,600 shares. Based on an average daily volume of 5,200 shares, the short-interest ratio is currently 404.1 days.

Saputo Stock Performance

Shares of Saputo stock remained flat at $16.46 during trading on Friday. 15,905 shares of the stock were exchanged, compared to its average volume of 3,993. Saputo has a 1-year low of $15.67 and a 1-year high of $23.50. The firm’s fifty day simple moving average is $16.94 and its two-hundred day simple moving average is $18.79.

About Saputo

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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.

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