Short Interest in Jollibee Foods Co. (OTCMKTS:JBFCY) Declines By 66.7%

Jollibee Foods Co. (OTCMKTS:JBFCYGet Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a decrease of 66.7% from the March 31st total of 300 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 0.3 days.

Jollibee Foods Price Performance

Jollibee Foods stock remained flat at $14.42 during midday trading on Thursday. The company’s 50 day moving average price is $18.05 and its 200-day moving average price is $17.48. Jollibee Foods has a 52-week low of $14.42 and a 52-week high of $19.22.

About Jollibee Foods

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Jollibee Foods Corporation develops, operates, and franchises quick service restaurants. The company operates quick-service restaurants under the Jollibee, Chowking, Greenwich, Red Ribbon, Yong He King, Hong Zhuang Yuan, Mang Inasal, Burger King, Highlands Coffee, PHO24, Smashburger, Tim Ho Wan, Tortazo, The Coffee Bean & Tea Leaf, Yoshinoya, Milksha, and Panda Express names in the Philippines, the United States, Canada, the People's Republic of China, the United Kingdom, Italy, Spain, Vietnam, Brunei, Singapore, Saudi Arabia, the United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Indonesia, Costa Rica, Egypt, Panama, Malaysia, South Korea, Australia, and India.

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