Saputo Inc. (OTCMKTS:SAPIF) Sees Significant Growth in Short Interest

Saputo Inc. (OTCMKTS:SAPIF) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,191,600 shares, a growth of 29.9% from the January 31st total of 917,100 shares. Based on an average trading volume of 9,700 shares, the short-interest ratio is presently 122.8 days.

Saputo Stock Performance

Shares of OTCMKTS SAPIF traded up $0.65 during mid-day trading on Thursday, reaching $17.66. The company had a trading volume of 900 shares, compared to its average volume of 3,303. The company has a 50-day moving average price of $16.95 and a two-hundred day moving average price of $19.03. Saputo has a 1-year low of $15.67 and a 1-year high of $23.50.

Saputo Company Profile

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.