Calbee, Inc. (OTCMKTS:CLBEY – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,444 shares, an increase of 131.0% from the April 30th total of 625 shares. Based on an average daily volume of 850 shares, the short-interest ratio is currently 1.7 days.
Calbee Stock Performance
Calbee stock opened at C$4.44 on Monday. Calbee has a 12 month low of C$4.16 and a 12 month high of C$5.35. The business’s 50 day simple moving average is C$4.70 and its 200 day simple moving average is C$4.71.
About Calbee
Calbee, Inc, traded over the counter in the U.S. under the symbol CLBEY, is a leading Japanese snack food manufacturer specializing in potato-based and vegetable-based snacks. Headquartered in Tokyo, the company develops, produces and markets a broad range of packaged snack products that leverage local ingredients and innovative manufacturing techniques to deliver unique taste experiences. Calbee’s business model encompasses in-house research and development, quality control systems, and an integrated supply chain that spans from raw agricultural sourcing to finished goods distribution.
The company’s product portfolio includes potato chips, sticks and crisps, as well as corn-based and cereal-based snacks.
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