Calbee, Inc. (OTCMKTS:CLBEY – Get Free Report) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 827 shares, a drop of 41.6% from the June 30th total of 1,416 shares. Based on an average daily trading volume, of 672 shares, the days-to-cover ratio is currently 1.2 days.
Calbee Stock Performance
Calbee stock remained flat at C$4.80 during midday trading on Friday. The company had a trading volume of 165 shares, compared to its average volume of 1,461. The firm has a fifty day moving average price of C$4.46 and a 200-day moving average price of C$4.65. Calbee has a 52-week low of C$4.05 and a 52-week high of C$5.35.
About Calbee
Calbee, Inc, traded over the counter in the U.S. under the symbol CLBEY, is a leading Japanese snack food manufacturer specializing in potato-based and vegetable-based snacks. Headquartered in Tokyo, the company develops, produces and markets a broad range of packaged snack products that leverage local ingredients and innovative manufacturing techniques to deliver unique taste experiences. Calbee’s business model encompasses in-house research and development, quality control systems, and an integrated supply chain that spans from raw agricultural sourcing to finished goods distribution.
The company’s product portfolio includes potato chips, sticks and crisps, as well as corn-based and cereal-based snacks.
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