Lassonde Industries Inc. (OTCMKTS:LSDAF) Sees Significant Decrease in Short Interest

Lassonde Industries Inc. (OTCMKTS:LSDAF) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 5,800 shares, a decline of 26.6% from the February 28th total of 7,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 58.0 days.

Lassonde Industries Stock Performance

LSDAF stock remained flat at $138.35 during mid-day trading on Monday. Lassonde Industries has a fifty-two week low of $81.68 and a fifty-two week high of $138.35. The firm’s fifty day moving average is $128.57 and its 200-day moving average is $127.56.

Lassonde Industries Company Profile

Lassonde Industries Inc, together with its subsidiaries, develops, manufactures, and markets a range of ready-to-drink beverages, fruit-based snacks, and frozen juice concentrates in Canada, the United States, and internationally. The company also provides cranberry sauces; and specialty food products, such as pasta sauces, soups, and fondue broths and sauces.