Short Interest in BUDA (NYSEAMERICAN:BUDA) Declines By 50.0%

BUDA (NYSEAMERICAN:BUDA) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 15,887 shares, a decrease of 50.0% from the July 15th total of 31,799 shares. Based on an average trading volume of 17,154 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.1% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital started coverage on shares of BUDA in a research report on Monday, April 20th. They issued a “buy” rating and a $14.00 price objective for the company. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $14.00.

BUDA Trading Up 7.9%

Shares of BUDA stock traded up $0.65 during trading hours on Friday, hitting $8.93. 13,288 shares of the company were exchanged, compared to its average volume of 19,395. The firm has a fifty day simple moving average of $8.71 and a 200 day simple moving average of $9.17. BUDA has a 52-week low of $6.25 and a 52-week high of $12.00.

BUDA (NYSEAMERICAN:BUDA) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.04 earnings per share for the quarter. The firm had revenue of $4.51 million for the quarter.

About BUDA

Buda Juice Inc is a juice category for the supermarket fresh produce department with its cold-crafted, UltraFresh(TM) citrus juices. Buda Juice Inc is based in DALLAS.