Jollibee Foods Co. (OTCMKTS:JBFCY) Short Interest Up 22.2% in May

Jollibee Foods Co. (OTCMKTS:JBFCY) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,100 shares, an increase of 22.2% from the April 30th total of 900 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 2.2 days.

Jollibee Foods Price Performance

Shares of OTCMKTS JBFCY remained flat at $16.50 during trading on Tuesday. 6 shares of the stock were exchanged, compared to its average volume of 462. The firm’s 50-day moving average price is $16.23 and its 200 day moving average price is $17.17. Jollibee Foods has a 12-month low of $14.22 and a 12-month high of $19.74.

Jollibee Foods Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 5th were issued a dividend of $0.0513 per share. This represents a dividend yield of 0.81%. The ex-dividend date was Friday, May 2nd. Jollibee Foods’s payout ratio is presently 9.97%.

About Jollibee Foods

Jollibee Foods Corporation develops, operates, and franchises quick service restaurants. The company operates quick-service restaurants under the Jollibee, Chowking, Greenwich, Red Ribbon, Yong He King, Hong Zhuang Yuan, Mang Inasal, Burger King, Highlands Coffee, PHO24, Smashburger, Tim Ho Wan, Tortazo, The Coffee Bean & Tea Leaf, Yoshinoya, Milksha, and Panda Express names in the Philippines, the United States, Canada, the People's Republic of China, the United Kingdom, Italy, Spain, Vietnam, Brunei, Singapore, Saudi Arabia, the United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Indonesia, Costa Rica, Egypt, Panama, Malaysia, South Korea, Australia, and India.