Short Interest in JDE Peet’s (OTCMKTS:JDEPF) Expands By 8.2%

JDE Peet’s (OTCMKTS:JDEPF) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 408,200 shares, an increase of 8.2% from the December 15th total of 377,400 shares. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is currently 194.4 days.

JDE Peet’s Price Performance

Shares of JDE Peet’s stock opened at $18.49 on Monday. The business’s 50 day simple moving average is $19.04 and its 200 day simple moving average is $21.27. JDE Peet’s has a 52-week low of $17.85 and a 52-week high of $26.00.

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.