Short Interest in Coffee Holding Co., Inc. (NASDAQ:JVA) Expands By 28.3%

Coffee Holding Co., Inc. (NASDAQ:JVA) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 12,894 shares, an increase of 28.3% from the January 15th total of 10,053 shares. Based on an average trading volume of 64,222 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 64,222 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Coffee from a “sell (d+)” rating to a “hold (c)” rating in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Coffee Price Performance

Shares of JVA stock traded up $0.05 during trading hours on Monday, reaching $3.13. The stock had a trading volume of 39,092 shares, compared to its average volume of 66,108. The firm has a market capitalization of $17.87 million, a PE ratio of 12.52 and a beta of 1.63. The firm has a 50-day simple moving average of $3.60 and a 200-day simple moving average of $3.98. Coffee has a twelve month low of $2.75 and a twelve month high of $9.93.

Coffee (NASDAQ:JVA) last issued its earnings results on Wednesday, January 28th. The company reported $0.15 earnings per share for the quarter. Coffee had a net margin of 1.45% and a return on equity of 5.11%. The firm had revenue of $27.75 million during the quarter.

Coffee Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, February 26th. Investors of record on Tuesday, February 10th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, February 10th. Coffee’s payout ratio is currently 32.00%.

Institutional Investors Weigh In On Coffee

Institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP bought a new stake in Coffee during the second quarter worth about $285,000. Dimensional Fund Advisors LP increased its stake in shares of Coffee by 10.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 87,819 shares of the company’s stock valued at $401,000 after acquiring an additional 8,448 shares during the last quarter. Empowered Funds LLC raised its position in shares of Coffee by 15.2% in the 4th quarter. Empowered Funds LLC now owns 34,882 shares of the company’s stock valued at $135,000 after acquiring an additional 4,612 shares during the period. Two Sigma Investments LP boosted its stake in Coffee by 53.8% during the 3rd quarter. Two Sigma Investments LP now owns 44,919 shares of the company’s stock worth $205,000 after acquiring an additional 15,711 shares during the last quarter. Finally, Bridgeway Capital Management LLC grew its holdings in Coffee by 16.9% during the third quarter. Bridgeway Capital Management LLC now owns 31,270 shares of the company’s stock valued at $143,000 after purchasing an additional 4,512 shares during the period.

Coffee Company Profile

Coffee Holding Company, Inc (NASDAQ: JVA) is a specialty coffee roaster and distributor headquartered in Lakewood, New Jersey. The company’s core activities encompass the importation of green coffee beans, artisanal roasting and blending, and the packaging of coffee and tea products for wholesale customers. Through its operations, Coffee Holding Company serves a diverse client base that includes coffeehouses, restaurants, hotels, health care facilities, vending operators and retail chains.

The company’s product offering spans whole‐bean and ground coffees, single‐serve pods, cold brew formats and bulk tea selections, with both branded and private‐label solutions.