Jollibee Foods Co. (OTCMKTS:JBFCY – Get Free Report) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 2,154 shares, an increase of 53.2% from the July 30th total of 1,406 shares. Based on an average trading volume of 5,749 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised Jollibee Foods to a “hold” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.
Read Our Latest Stock Analysis on Jollibee Foods
Jollibee Foods Stock Up 2.1%
About Jollibee Foods
Jollibee Foods Corporation is a multinational quick-service restaurant operator based in the Philippines. The company’s flagship brand, Jollibee, specializes in fried chicken, hamburgers, spaghetti, and rice dishes, catering to a wide range of flavor profiles that blend Western and Filipino tastes. Through a franchising and company-owned model, Jollibee Foods serves both dine-in and take-out customers, supported by in-store dining facilities, drive-through lanes, and delivery partnerships.
Beyond its core Jollibee brand, the company’s diversified portfolio includes Chowking (Chinese-style fast food), Greenwich (Italian-inspired pizzas and pasta), Red Ribbon (baked goods and pastries), Mang Inasal (Filipino grilled chicken), Yonghe King and Hong Zhuang Yuan (Chinese cuisines), and Smashburger (American-style burgers).
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