Jollibee Foods Co. (OTCMKTS:JBFCY) Sees Large Increase in Short Interest

Jollibee Foods Co. (OTCMKTS:JBFCY) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 7,669 shares, a growth of 81.1% from the April 30th total of 4,235 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 9,362 shares, the short-interest ratio is currently 0.8 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Jollibee Foods to a “hold” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Jollibee Foods Price Performance

Shares of OTCMKTS:JBFCY opened at $8.90 on Thursday. Jollibee Foods has a 52 week low of $8.50 and a 52 week high of $17.99. The stock has a market capitalization of $2.49 billion and a P/E ratio of 0.49. The firm has a fifty day simple moving average of $10.73 and a two-hundred day simple moving average of $12.57.

About Jollibee Foods

Jollibee Foods Corporation is a multinational quick-service restaurant operator based in the Philippines. The company’s flagship brand, Jollibee, specializes in fried chicken, hamburgers, spaghetti, and rice dishes, catering to a wide range of flavor profiles that blend Western and Filipino tastes. Through a franchising and company-owned model, Jollibee Foods serves both dine-in and take-out customers, supported by in-store dining facilities, drive-through lanes, and delivery partnerships.

Beyond its core Jollibee brand, the company’s diversified portfolio includes Chowking (Chinese-style fast food), Greenwich (Italian-inspired pizzas and pasta), Red Ribbon (baked goods and pastries), Mang Inasal (Filipino grilled chicken), Yonghe King and Hong Zhuang Yuan (Chinese cuisines), and Smashburger (American-style burgers).