Saputo Inc. (OTCMKTS:SAPIF) Sees Significant Decrease in Short Interest

Saputo Inc. (OTCMKTS:SAPIF) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 1,320,700 shares, a drop of 17.1% from the November 15th total of 1,593,900 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is currently 259.0 days.

Saputo Trading Down 0.5 %

Shares of Saputo stock opened at $18.43 on Friday. The company has a 50 day simple moving average of $19.37 and a two-hundred day simple moving average of $21.04. Saputo has a 1 year low of $17.97 and a 1 year high of $23.50.

Saputo Company Profile

Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers mozzarella and cheddar; ricotta, provolone, blue, parmesan, goat cheese, feta, romano, Havarti, and soft cheeses; brie and camembert fine cheeses; and other cheeses, such brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.