Jollibee Foods Co. (OTCMKTS:JBFCY) Short Interest Down 38.3% in June

Jollibee Foods Co. (OTCMKTS:JBFCY – Get Free Report) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 3,941 shares, a drop of 38.3% from the May 31st total of 6,386 shares. Based on an average daily volume of 8,640 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Jollibee Foods to a “hold” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

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Jollibee Foods Stock Performance

Shares of OTCMKTS JBFCY traded up $0.21 during midday trading on Thursday, hitting $9.43. 4,552 shares of the company traded hands, compared to its average volume of 4,460. Jollibee Foods has a 12-month low of $8.14 and a 12-month high of $17.73. The stock has a 50-day moving average price of $9.54 and a 200 day moving average price of $11.97. The firm has a market cap of $2.64 billion and a P/E ratio of 0.49.

About Jollibee Foods

(Get Free Report)

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).

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