JDE Peet’s (OTCMKTS:JDEPF) Sees Large Growth in Short Interest

JDE Peet’s (OTCMKTS:JDEPF) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 552,658 shares, an increase of 25.4% from the November 30th total of 440,768 shares. Based on an average trading volume of 87 shares, the days-to-cover ratio is currently 6,352.4 days. Based on an average trading volume of 87 shares, the days-to-cover ratio is currently 6,352.4 days.

JDE Peet’s Stock Performance

JDEPF stock opened at $36.41 on Wednesday. The business has a 50 day moving average price of $36.51 and a 200 day moving average price of $33.43. JDE Peet’s has a fifty-two week low of $16.50 and a fifty-two week high of $37.65.

JDE Peet’s Company Profile

JDE Peet’s is a global pure-play coffee and tea company with operations spanning retail, out-of-home, and e-commerce channels. The company produces a wide range of coffee and tea products including whole beans, ground coffee, single-serve pods, instant coffee and various tea blends. Through partnerships with foodservice providers, restaurants and office networks, JDE Peet’s delivers branded coffee and tea offerings to millions of consumers worldwide.

The company’s portfolio encompasses a number of well-known brands such as Jacobs, Douwe Egberts, L’OR, Senseo, Tassimo, Kenco and Pickwick tea in Europe, alongside Peet’s Coffee, Stumptown and Intelligentsia in North America.