Saputo Inc. (OTCMKTS:SAPIF) Short Interest Update

Saputo Inc. (OTCMKTS:SAPIF) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 2,101,200 shares, an increase of 76.3% from the February 13th total of 1,191,600 shares. Based on an average daily volume of 5,200 shares, the short-interest ratio is presently 404.1 days.

Saputo Trading Down 5.0 %

Shares of SAPIF opened at $16.46 on Friday. The business’s fifty day simple moving average is $16.94 and its two-hundred day simple moving average is $18.82. Saputo has a 12 month low of $15.67 and a 12 month high of $23.50.

About Saputo

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.