Short Interest in Suja Life, Inc. (NASDAQ:SUJA) Expands By 75.5%

Suja Life, Inc. (NASDAQ:SUJA) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 745,246 shares, an increase of 75.5% from the June 15th total of 424,666 shares. Based on an average daily trading volume, of 366,861 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.9% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on SUJA. The Goldman Sachs Group initiated coverage on shares of Suja Life in a research note on Monday, June 1st. They issued a “buy” rating and a $31.00 price target for the company. Wall Street Zen downgraded shares of Suja Life from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Zacks Research upgraded shares of Suja Life to a “hold” rating in a report on Tuesday, June 2nd. Jefferies Financial Group initiated coverage on shares of Suja Life in a research report on Monday, June 1st. They issued a “buy” rating and a $25.00 target price for the company. Finally, William Blair began coverage on shares of Suja Life in a research note on Monday, June 1st. They set an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $26.67.

Suja Life Stock Performance

Shares of NASDAQ:SUJA opened at $9.39 on Friday. The stock has a 50-day moving average price of $12.51. Suja Life has a 52-week low of $8.71 and a 52-week high of $18.48.