Coffee Holding Co., Inc. (NASDAQ:JVA) Short Interest Update

Coffee Holding Co., Inc. (NASDAQ:JVA) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 20,200 shares, a decrease of 64.2% from the February 13th total of 56,400 shares. Based on an average trading volume of 210,500 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, StockNews.com upgraded Coffee from a “hold” rating to a “buy” rating in a research note on Monday, February 3rd.

Coffee Stock Down 13.9 %

JVA traded down $0.89 during trading hours on Friday, hitting $5.53. The stock had a trading volume of 456,442 shares, compared to its average volume of 119,452. The stock has a market cap of $31.57 million, a PE ratio of 14.18 and a beta of 1.38. Coffee has a 1 year low of $1.22 and a 1 year high of $9.93. The company’s fifty day simple moving average is $5.09 and its 200 day simple moving average is $3.88.

Institutional Trading of Coffee

Several hedge funds and other institutional investors have recently modified their holdings of the business. Bridgeway Capital Management LLC purchased a new position in shares of Coffee in the fourth quarter valued at $73,000. Dimensional Fund Advisors LP grew its holdings in Coffee by 153.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 32,263 shares of the company’s stock valued at $110,000 after buying an additional 19,518 shares in the last quarter. Quinn Opportunity Partners LLC increased its position in shares of Coffee by 37.1% during the fourth quarter. Quinn Opportunity Partners LLC now owns 55,477 shares of the company’s stock valued at $190,000 after buying an additional 15,000 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Coffee by 15.9% in the fourth quarter. Renaissance Technologies LLC now owns 381,964 shares of the company’s stock worth $1,306,000 after buying an additional 52,500 shares in the last quarter. Finally, Sheaff Brock Investment Advisors LLC bought a new stake in Coffee during the 4th quarter worth approximately $120,000.

Coffee Company Profile

Coffee Holding Co, Inc engages in manufacturing, roasting, packaging, marketing, and distributing roasted and blended coffees in the United States, Australia, Canada, England, and China. It offers wholesale green coffee products, including unroasted raw beans that are sold to large, medium, and small roasters, as well as coffee shop operators; and roasts, blends, packages, and sells coffee under private labels in cans, brick packages, and instants of various sizes.