Saputo Inc. (OTCMKTS:SAPIF) Short Interest Update

Saputo Inc. (OTCMKTS:SAPIF) was the recipient of a significant growth in short interest in 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 daily trading volume, of 9,700 shares, the days-to-cover ratio is currently 122.8 days.

Saputo Price Performance

SAPIF traded down $0.58 during midday trading on Wednesday, reaching $17.01. 15,525 shares of the company were exchanged, compared to its average volume of 3,387. The stock’s 50-day simple moving average is $16.94 and its 200 day simple moving average is $19.04. Saputo has a one year low of $15.67 and a one 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.