Saputo Inc. (OTCMKTS:SAPIF) Short Interest Down 30.4% in July

Saputo Inc. (OTCMKTS:SAPIF) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 1,434,200 shares, a decrease of 30.4% from the June 30th total of 2,061,600 shares. Based on an average daily trading volume, of 28,500 shares, the short-interest ratio is presently 50.3 days.

Saputo Stock Performance

Shares of SAPIF stock remained flat at $22.79 during trading hours on Friday. 82 shares of the company were exchanged, compared to its average volume of 35,990. The stock has a 50-day moving average price of $21.81 and a two-hundred day moving average price of $20.61. Saputo has a 12-month low of $18.45 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 cheeses, including mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, blue, parmesan, goat cheese, feta, romano, and havarti; fine cheeses comprising brie and camembert; and other cheeses that include brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.