Calbee, Inc. (OTCMKTS:CLBEY – Get Free Report) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 1,416 shares, an increase of 294.4% from the June 15th total of 359 shares. Based on an average daily volume of 5,737 shares, the days-to-cover ratio is presently 0.2 days.
Calbee Price Performance
Shares of Calbee stock traded down C$0.12 during trading on Friday, reaching C$4.47. 232 shares of the company’s stock were exchanged, compared to its average volume of 1,274. Calbee has a 1-year low of C$4.05 and a 1-year high of C$5.35. The firm’s 50-day moving average price is C$4.48 and its 200 day moving average price is C$4.66.
Calbee Company Profile
Calbee, Inc, traded over the counter in the U.S. under the symbol CLBEY, is a leading Japanese snack food manufacturer specializing in potato-based and vegetable-based snacks. Headquartered in Tokyo, the company develops, produces and markets a broad range of packaged snack products that leverage local ingredients and innovative manufacturing techniques to deliver unique taste experiences. Calbee’s business model encompasses in-house research and development, quality control systems, and an integrated supply chain that spans from raw agricultural sourcing to finished goods distribution.
The company’s product portfolio includes potato chips, sticks and crisps, as well as corn-based and cereal-based snacks.
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