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

BUDA (NYSEAMERICAN:BUDA) saw a large increase in short interest during the month of 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. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 8,226 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

BUDA has been the subject of a number of research analyst reports. Roth Capital initiated coverage on shares of BUDA in a report on Monday, September 28th. They issued a “buy” rating and a $12.00 price target for the company. Zacks Research raised 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’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $13.00.

BUDA Price Performance

NYSEAMERICAN BUDA traded down $0.24 during trading hours on Friday, reaching $7.50. The stock had a trading volume of 3,760 shares, compared to its average volume of 22,703. The stock has a fifty day moving average of $8.04 and a 200 day moving average of $8.78. BUDA has a 52-week low of $6.25 and a 52-week high of $12.00.

BUDA (NYSEAMERICAN:BUDA) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $4.51 million for the quarter. On average, sell-side analysts expect that BUDA will post 0.11 earnings per share for the current year.

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.