Short Interest in Jollibee Foods Co. (OTCMKTS:JBFCY) Declines By 50.0%

Jollibee Foods Co. (OTCMKTS:JBFCY) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the December 31st total of 200 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 0.5 days.

Jollibee Foods Stock Performance

Shares of OTCMKTS JBFCY traded up $0.90 during midday trading on Wednesday, hitting $17.70. The stock had a trading volume of 986 shares, compared to its average volume of 612. The stock has a 50 day simple moving average of $17.88 and a 200-day simple moving average of $17.36. Jollibee Foods has a 1 year low of $14.42 and a 1 year high of $19.74.

Jollibee Foods Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, November 25th were issued a dividend of $0.1241 per share. This is a positive change from Jollibee Foods’s previous dividend of $0.05. The ex-dividend date was Monday, November 25th. Jollibee Foods’s dividend payout ratio is presently 9.97%.

Jollibee Foods Company Profile

Jollibee Foods Corporation develops, operates, and franchises quick service restaurants. The company operates quick-service restaurants under the Jollibee, Chowking, Greenwich, Red Ribbon, Yong He King, Hong Zhuang Yuan, Mang Inasal, Burger King, Highlands Coffee, PHO24, Smashburger, Tim Ho Wan, Tortazo, The Coffee Bean & Tea Leaf, Yoshinoya, Milksha, and Panda Express names in the Philippines, the United States, Canada, the People's Republic of China, the United Kingdom, Italy, Spain, Vietnam, Brunei, Singapore, Saudi Arabia, the United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Indonesia, Costa Rica, Egypt, Panama, Malaysia, South Korea, Australia, and India.