Calbee, Inc. (OTCMKTS:CLBEY) Shares Shorted: Short Interest Down 60.7% in September

Calbee, Inc. (OTCMKTS:CLBEY) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 714 shares, a decrease of 60.7% from the August 31st total of 1,815 shares. Based on an average daily trading volume, of 1,583 shares, the days-to-cover ratio is currently 0.5 days.

Calbee Stock Performance

Shares of CLBEY remained flat at C$4.78 on Monday. 21 shares of the company traded hands, compared to its average volume of 1,354. Calbee has a fifty-two week low of C$4.05 and a fifty-two week high of C$5.35. The firm has a 50-day moving average price of C$4.69 and a 200 day moving average price of C$4.63.

About Calbee

Calbee, Inc is a Japan-based food company that develops, manufactures and sells snack foods and breakfast products. Its portfolio includes potato chips, extruded and baked snacks, cereal products, shrimp-based snacks and other packaged foods. Well-known brands include Kappa Ebisen, Jagarico, Jagabee and Frugra.

The company traces its origins to 1949, when it was established as Matsuo Co, Ltd.; it adopted the Calbee name in 1955. Calbee has built its business around products made from ingredients such as potatoes, wheat, corn, rice and seafood, and has expanded its offerings in response to changing consumer preferences, including demand for convenient and cereal-based foods.

Calbee primarily serves consumers in Japan and also operates internationally through overseas subsidiaries, partnerships and sales activities.