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Tofutti Brands Inc. (OTCMKTS:TOFB) Sees Large Decline in Short Interest

kopsource ·  Mar 13, 2023 10:15

Tofutti Brands Inc. (OTCMKTS:TOFB – Get Rating) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 1,000 shares, a decrease of 23.1% from the February 13th total of 1,300 shares. Based on an average daily trading volume, of 9,300 shares, the days-to-cover ratio is currently 0.1 days.

Tofutti Brands Stock Performance

Shares of OTCMKTS TOFB remained flat at $1.08 during trading on Monday. Tofutti Brands has a 1 year low of $0.80 and a 1 year high of $2.53. The business's 50-day simple moving average is $1.03 and its 200 day simple moving average is $1.17.

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About Tofutti Brands

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Tofutti Brands, Inc engages in the development, production, and market of non-dairy frozen desserts and other food products. The company was founded by David Mintz in August 1981 and is headquartered in Cranford, NJ.

Further Reading

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