JDE Peet’s (OTCMKTS:JDEPF) Short Interest Down 16.2% in July

JDE Peet’s (OTCMKTS:JDEPF) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 652,300 shares, a decline of 16.2% from the July 15th total of 778,000 shares. Based on an average trading volume of 8,300 shares, the days-to-cover ratio is presently 78.6 days.

JDE Peet’s Price Performance

Shares of OTCMKTS JDEPF remained flat at $22.91 during mid-day trading on Friday. The business’s 50-day moving average price is $22.10 and its 200 day moving average price is $22.40. JDE Peet’s has a twelve month low of $20.00 and a twelve month high of $29.01.

JDE Peet’s Company Profile

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.