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

Jollibee Foods Co. (OTCMKTS:JBFCY) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 2,154 shares, an increase of 53.2% from the July 30th total of 1,406 shares. Based on an average daily trading volume, of 5,749 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Jollibee Foods Stock Down 0.0%

Shares of OTCMKTS JBFCY opened at $10.00 on Thursday. Jollibee Foods has a 1-year low of $8.14 and a 1-year high of $17.73. The company has a fifty day moving average price of $9.72 and a 200 day moving average price of $10.77.

Wall Street Analysts Forecast Growth

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

Jollibee Foods Company Profile

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).