Saputo Inc. (OTCMKTS:SAPIF) Sees Large Decline in Short Interest

Saputo Inc. (OTCMKTS:SAPIF) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 1,320,700 shares, a decline of 17.1% from the November 15th total of 1,593,900 shares. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is currently 259.0 days.

Saputo Stock Performance

SAPIF opened at $18.43 on Friday. Saputo has a twelve month low of $17.97 and a twelve month high of $23.50. The firm’s 50-day moving average price is $19.37 and its 200 day moving average price is $21.04.

About Saputo

Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers mozzarella and cheddar; ricotta, provolone, blue, parmesan, goat cheese, feta, romano, Havarti, and soft cheeses; brie and camembert fine cheeses; and other cheeses, such brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.