BUDA (NYSEAMERICAN:BUDA) Shares Shorted: Short Interest Up 75.6% in September

BUDA (NYSEAMERICAN:BUDA) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 3,527 shares, an increase of 75.6% from the September 15th total of 2,008 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,226 shares, the days-to-cover ratio is currently 0.4 days.

BUDA Price Performance

BUDA traded up $0.23 during trading on Thursday, reaching $7.71. The stock had a trading volume of 3,388 shares, compared to its average volume of 5,928. The stock’s 50 day moving average is $8.05 and its two-hundred day moving average is $8.79. BUDA has a one year low of $6.25 and a one year high of $12.00.

BUDA (NYSEAMERICAN:BUDA) last announced its earnings results on Friday, August 14th. The company reported $0.04 EPS for the quarter. The business had revenue of $4.51 million for the quarter. Research analysts predict that BUDA will post 0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have weighed in on BUDA shares. Roth Capital assumed coverage on BUDA in a research report on Monday, September 28th. They issued a “buy” rating and a $12.00 price objective for the company. Zacks Research upgraded shares of BUDA to a “hold” rating in a report on Tuesday, September 29th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $13.00.

About BUDA

Buda Juice Inc is a juice category for the supermarket fresh produce department with its cold-crafted, UltraFresh(TM) citrus juices. Buda Juice Inc is based in DALLAS.