Suja Life, Inc. (NASDAQ:SUJA) Short Interest Up 75.5% in June

Suja Life, Inc. (NASDAQ:SUJA) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 745,246 shares, an increase of 75.5% from the June 15th total of 424,666 shares. Approximately 1.9% of the shares of the company are sold short. Based on an average trading volume of 366,861 shares, the days-to-cover ratio is presently 2.0 days.

Suja Life Stock Performance

NASDAQ SUJA traded down $0.07 on Friday, hitting $9.32. 168,201 shares of the company traded hands, compared to its average volume of 337,138. The business has a 50 day simple moving average of $12.34. Suja Life has a 52-week low of $8.71 and a 52-week high of $18.48.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on SUJA. Zacks Research raised Suja Life to a “hold” rating in a report on Tuesday, June 2nd. William Blair initiated coverage on shares of Suja Life in a research report on Monday, June 1st. They set an “outperform” rating for the company. Jefferies Financial Group started coverage on shares of Suja Life in a research note on Monday, June 1st. They issued a “buy” rating and a $25.00 price objective on the stock. Wall Street Zen downgraded shares of Suja Life from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Finally, Evercore initiated coverage on shares of Suja Life in a research report on Monday, June 1st. They set an “outperform” rating and a $24.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $26.67.