John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 138,700 shares, a growth of 17.7% from the April 30th total of 117,800 shares. Based on an average daily volume of 74,100 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.6% of the company's shares are sold short.
Hedge Funds Weigh In On John B. Sanfilippo & Son
A number of hedge funds and other institutional investors have recently made changes to their positions in JBSS. Charles Schwab Investment Management Inc. increased its position in John B. Sanfilippo & Son by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 142,611 shares of the company's stock valued at $12,423,000 after purchasing an additional 7,238 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in shares of John B. Sanfilippo & Son in the 4th quarter valued at $389,000. D. E. Shaw & Co. Inc. raised its position in shares of John B. Sanfilippo & Son by 414.6% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 15,747 shares of the company's stock worth $1,372,000 after acquiring an additional 12,687 shares in the last quarter. Legato Capital Management LLC purchased a new stake in shares of John B. Sanfilippo & Son during the 4th quarter worth $1,208,000. Finally, Millennium Management LLC boosted its position in John B. Sanfilippo & Son by 12.5% during the fourth quarter. Millennium Management LLC now owns 115,372 shares of the company's stock valued at $10,050,000 after purchasing an additional 12,789 shares in the last quarter. Institutional investors own 70.64% of the company's stock.
John B. Sanfilippo & Son Trading Down 1.0%
Shares of NASDAQ JBSS traded down $0.62 during mid-day trading on Thursday, reaching $61.07. The company had a trading volume of 51,529 shares, compared to its average volume of 77,393. The stock has a market cap of $718.12 million, a price-to-earnings ratio of 14.65 and a beta of 0.40. The company has a current ratio of 2.04, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02. John B. Sanfilippo & Son has a 52 week low of $58.47 and a 52 week high of $105.63. The business's 50-day moving average is $64.81 and its 200-day moving average is $74.85.
John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $1.72 earnings per share (EPS) for the quarter. The firm had revenue of $260.91 million during the quarter. John B. Sanfilippo & Son had a return on equity of 15.22% and a net margin of 4.36%.
John B. Sanfilippo & Son Company Profile
(
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John B. Sanfilippo & Son, Inc engages in the processing and distribution of nuts and nut-related products. It offers peanuts, pecans, cashews, walnuts, almonds, and other nuts under the brands of Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts. The company was founded by Gaspare Sanfilippo and John B.
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