Calbee, Inc. (OTCMKTS:CLBEY) Sees Significant Growth in Short Interest

Calbee, Inc. (OTCMKTS:CLBEYGet Free Report) saw a large increase in short interest in 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 trading volume of 850 shares, the days-to-cover ratio is currently 1.7 days.

Calbee Stock Up 3.1%

OTCMKTS:CLBEY opened at C$4.58 on Tuesday. Calbee has a fifty-two week low of C$4.16 and a fifty-two week high of C$5.35. The stock’s 50-day moving average is C$4.70 and its two-hundred day moving average is C$4.71.

About Calbee

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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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