Interactive Brokers shares jump as it secures spot in S&P 500
TEL AVIV—A-6684 Ltd., a significant shareholder of Tofutti Brands Inc. (OTC:TOFB), reported the acquisition of 2,000 common shares on June 5, according to a recent SEC filing. The shares were purchased at a price of $0.70 each, totaling $1,400. The purchase price sits slightly above InvestingPro’s Fair Value estimate, with the stock showing a 7.6% decline over the past week to $0.63. This transaction increases A-6684 Ltd.’s holdings to 549,000 shares, held indirectly through controlled entities. The purchase reflects ongoing interest in Tofutti Brands, known for its dairy-free food products. The company maintains strong liquidity with a current ratio of 5.17 and minimal debt exposure. InvestingPro analysis reveals additional insights about the company’s financial health and market position, with 6 more exclusive ProTips available for subscribers.
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