Short Interest in Jollibee Foods Co. (OTCMKTS:JBFCY) Rises By 81.1%

Jollibee Foods Co. (OTCMKTS:JBFCY) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 7,669 shares, a growth of 81.1% from the April 30th total of 4,235 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 9,362 shares, the days-to-cover ratio is presently 0.8 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Jollibee Foods to a “hold” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Jollibee Foods presently has a consensus rating of “Hold”.

Jollibee Foods Trading Up 1.3%

Shares of JBFCY stock opened at $8.90 on Tuesday. The company has a market capitalization of $2.49 billion and a P/E ratio of 0.49. The business’s 50 day moving average is $10.86 and its two-hundred day moving average is $12.63. Jollibee Foods has a twelve month low of $8.50 and a twelve month high of $17.99.

About Jollibee Foods

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).