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

Coffee Holding Co., Inc. (NASDAQ:JVA) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 28,300 shares, a decline of 11.8% from the December 15th total of 32,100 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 108,700 shares, the short-interest ratio is presently 0.3 days.

Coffee Trading Down 2.7 %

Shares of JVA traded down $0.10 during trading hours on Friday, hitting $3.66. The stock had a trading volume of 266,229 shares, compared to its average volume of 87,676. The company’s fifty day simple moving average is $3.71 and its 200 day simple moving average is $3.01. Coffee has a 12-month low of $1.01 and a 12-month high of $4.66.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Coffee from a “buy” rating to a “hold” rating in a report on Thursday.

Institutional Trading of Coffee

Large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC acquired a new stake in Coffee in the 3rd quarter valued at $32,000. XTX Topco Ltd acquired a new stake in shares of Coffee during the third quarter valued at about $34,000. Finally, Renaissance Technologies LLC grew its stake in shares of Coffee by 2.8% during the second quarter. Renaissance Technologies LLC now owns 324,564 shares of the company’s stock valued at $759,000 after acquiring an additional 8,900 shares in the last quarter.

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.