Jde Peets (OTCMKTS:JDEPF) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 11,600 shares, a decline of 33.7% from the August 31st total of 17,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 116.0 days.
OTCMKTS:JDEPF traded up $0.99 during mid-day trading on Thursday, hitting $41.50. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 925. Jde Peets has a 1 year low of $39.13 and a 1 year high of $45.15.
Separately, Societe Generale started coverage on shares of Jde Peets in a report on Wednesday, September 16th. They set a “buy” rating on the stock.
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