Short Interest in Coffee Holding Co., Inc. (NASDAQ:JVA) Increases By 28.3%

Coffee Holding Co., Inc. (NASDAQ:JVA) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 12,894 shares, an increase of 28.3% from the January 15th total of 10,053 shares. Based on an average trading volume of 64,222 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 64,222 shares, the short-interest ratio is currently 0.2 days.

Coffee Stock Up 1.6%

Shares of Coffee stock traded up $0.05 on Monday, reaching $3.13. The stock had a trading volume of 39,092 shares, compared to its average volume of 66,108. The stock has a market capitalization of $17.87 million, a P/E ratio of 12.52 and a beta of 1.63. The company has a 50 day moving average price of $3.60 and a 200 day moving average price of $3.98. Coffee has a 1 year low of $2.75 and a 1 year high of $9.93.

Coffee (NASDAQ:JVA) last issued its earnings results on Wednesday, January 28th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $27.75 million during the quarter. Coffee had a return on equity of 5.11% and a net margin of 1.45%.

Coffee Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, February 26th. Shareholders of record on Tuesday, February 10th will be paid a dividend of $0.08 per share. The ex-dividend date is Tuesday, February 10th. Coffee’s dividend payout ratio (DPR) is presently 32.00%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Coffee from a “sell (d+)” rating to a “hold (c)” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Coffee has a consensus rating of “Hold”.

Institutional Trading of Coffee

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mcintyre Freedman & Flynn Investment Advisers Inc. purchased a new position in Coffee during the second quarter worth about $43,000. Virtu Financial LLC acquired a new position in Coffee during the 3rd quarter worth approximately $53,000. Jump Financial LLC purchased a new stake in shares of Coffee in the second quarter valued at approximately $58,000. Acadian Asset Management LLC purchased a new position in Coffee in the first quarter worth $73,000. Finally, XTX Topco Ltd acquired a new stake in Coffee in the second quarter valued at $77,000.

Coffee Company Profile

Coffee Holding Company, Inc (NASDAQ: JVA) is a specialty coffee roaster and distributor headquartered in Lakewood, New Jersey. The company’s core activities encompass the importation of green coffee beans, artisanal roasting and blending, and the packaging of coffee and tea products for wholesale customers. Through its operations, Coffee Holding Company serves a diverse client base that includes coffeehouses, restaurants, hotels, health care facilities, vending operators and retail chains.

The company’s product offering spans whole‐bean and ground coffees, single‐serve pods, cold brew formats and bulk tea selections, with both branded and private‐label solutions.