The latest update is out from Vita Coco Company ( (COCO) ).
On March 26, 2025, The Vita Coco Company issued a press release addressing a short seller report by NINGI Research, which held a short position in the company’s stock. The company refuted the report’s claims, citing inaccuracies and reaffirmed its fiscal year 2025 outlook and long-term growth strategy. Despite past inventory constraints affecting private label service levels, the company remains confident in its governance and financial practices, with no material changes since its last earnings call.
More about Vita Coco Company
The Vita Coco Company is a public benefit corporation and Certified B Corporation, co-founded in 2004 by Michael Kirban and Ira Liran. It operates within the beverage industry, focusing on delivering healthy, nutritious, and great-tasting products. Its flagship brand, Vita Coco, is the leading coconut water brand in the U.S., complemented by other products like Ever & Ever and PWR LIFT.
YTD Price Performance: 0.88%
Average Trading Volume: 602,958
Technical Sentiment Signal: Sell
Current Market Cap: $2.02B
See more data about COCO stock on TipRanks’ Stock Analysis page.