Jollibee Foods Co. (OTCMKTS:JBFCY) Short Interest Update

Jollibee Foods Co. (OTCMKTS:JBFCY) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,154 shares, a growth of 53.2% from the July 30th total of 1,406 shares. Based on an average daily volume of 5,749 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Jollibee Foods to a “hold” rating in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Jollibee Foods Price Performance

JBFCY traded up $0.21 during trading on Tuesday, hitting $9.92. 630 shares of the company’s stock were exchanged, compared to its average volume of 4,115. Jollibee Foods has a 1 year low of $8.14 and a 1 year high of $17.73. The stock has a 50 day moving average price of $9.67 and a 200 day moving average price of $10.84.

About Jollibee Foods

Jollibee Foods Corporation is a multinational quick-service restaurant operator based in the Philippines. The company’s flagship brand, Jollibee, specializes in fried chicken, hamburgers, spaghetti, and rice dishes, catering to a wide range of flavor profiles that blend Western and Filipino tastes. Through a franchising and company-owned model, Jollibee Foods serves both dine-in and take-out customers, supported by in-store dining facilities, drive-through lanes, and delivery partnerships.

Beyond its core Jollibee brand, the company’s diversified portfolio includes Chowking (Chinese-style fast food), Greenwich (Italian-inspired pizzas and pasta), Red Ribbon (baked goods and pastries), Mang Inasal (Filipino grilled chicken), Yonghe King and Hong Zhuang Yuan (Chinese cuisines), and Smashburger (American-style burgers).