Rogers Sugar Inc. (OTCMKTS:RSGUF) Sees Significant Increase in Short Interest

Rogers Sugar Inc. (OTCMKTS:RSGUFGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 101,500 shares, an increase of 24.4% from the May 31st total of 81,600 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 112.8 days.

Rogers Sugar Price Performance

Shares of RSGUF traded down $0.13 during midday trading on Monday, hitting $4.10. The company had a trading volume of 2,100 shares, compared to its average volume of 3,368. The company’s 50 day moving average price is $4.11 and its 200 day moving average price is $4.04. Rogers Sugar has a 52 week low of $3.72 and a 52 week high of $4.42.

About Rogers Sugar

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Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.

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