BUDA (NYSEAMERICAN:BUDA) Shares Shorted: Short Interest Up 75.6% in September

BUDA (NYSEAMERICAN:BUDA) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,527 shares, a growth of 75.6% from the September 15th total of 2,008 shares. Based on an average daily volume of 8,226 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

BUDA Stock Performance

Shares of BUDA traded down $0.24 during trading hours on Friday, hitting $7.50. 3,760 shares of the company were exchanged, compared to its average volume of 6,064. BUDA has a fifty-two week low of $6.25 and a fifty-two week high of $12.00. The firm’s fifty day moving average is $8.03 and its 200 day moving average is $8.77.

BUDA (NYSEAMERICAN:BUDA) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.04 EPS for the quarter. The company had revenue of $4.51 million during the quarter. Sell-side analysts expect that BUDA will post 0.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on BUDA shares. Zacks Research upgraded shares of BUDA to a “hold” rating in a research report on Tuesday, September 29th. Roth Capital assumed coverage on BUDA in a research note on Monday, September 28th. They issued a “buy” rating and a $12.00 price target for the company. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, BUDA currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.00.

About BUDA

Buda Juice Inc is a juice category for the supermarket fresh produce department with its cold-crafted, UltraFresh(TM) citrus juices. Buda Juice Inc is based in DALLAS.