Calbee, Inc. (OTCMKTS:CLBEY – Get Free Report) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 714 shares, a decline of 60.7% from the August 31st total of 1,815 shares. Based on an average trading volume of 1,583 shares, the short-interest ratio is currently 0.5 days.
Calbee Stock Performance
CLBEY stock opened at C$4.78 on Tuesday. The firm has a 50 day moving average price of C$4.70 and a 200-day moving average price of C$4.63. Calbee has a 52-week low of C$4.05 and a 52-week high of C$5.35.
Calbee Company Profile
Calbee, Inc is a Japan-based food company that develops, manufactures and sells snack foods and breakfast products. Its portfolio includes potato chips, extruded and baked snacks, cereal products, shrimp-based snacks and other packaged foods. Well-known brands include Kappa Ebisen, Jagarico, Jagabee and Frugra.
The company traces its origins to 1949, when it was established as Matsuo Co, Ltd.; it adopted the Calbee name in 1955. Calbee has built its business around products made from ingredients such as potatoes, wheat, corn, rice and seafood, and has expanded its offerings in response to changing consumer preferences, including demand for convenient and cereal-based foods.
Calbee primarily serves consumers in Japan and also operates internationally through overseas subsidiaries, partnerships and sales activities.
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