Jones Soda Co. (OTCMKTS:JSDA) Sees Significant Growth in Short Interest

Jones Soda Co. (OTCMKTS:JSDA) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 122,882 shares, a growth of 165.5% from the October 15th total of 46,289 shares. Based on an average trading volume of 334,703 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are short sold.

Jones Soda Trading Up 1.7%

Shares of OTCMKTS JSDA traded up $0.00 during mid-day trading on Friday, reaching $0.24. 16,370 shares of the company’s stock were exchanged, compared to its average volume of 140,726. Jones Soda has a twelve month low of $0.17 and a twelve month high of $0.40. The firm has a market capitalization of $29.51 million, a price-to-earnings ratio of -7.88 and a beta of 1.18. The business has a fifty day simple moving average of $0.26 and a 200 day simple moving average of $0.28.

Jones Soda (OTCMKTS:JSDA) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $10.17 million during the quarter. Jones Soda had a negative net margin of 4.53% and a negative return on equity of 88.84%.

Jones Soda Company Profile

Jones Soda Co. is a beverage company that develops, markets and distributes specialty soft drinks and other consumer beverages. Its flagship Jones Soda brand is known for craft-style carbonated drinks made with cane sugar and distinctive flavors, packaging and consumer-submitted artwork. The company’s product portfolio has included a range of sodas, including traditional and zero-calorie options, as well as limited-edition and seasonal flavors. Jones Soda also markets Mary Jones, a cannabis-infused beverage and edible brand, where permitted by applicable laws and regulations.