G. Willi-Food International, Ltd. (NASDAQ:WILC) Short Interest Update

Key Points

• G. Willi-Food International, Ltd. (NASDAQ:WILC) experienced a significant decrease in short interest of 31.3% in August, with short shares dropping from 8,000 to 5,500.
• The company's shares have seen an increase of 1.8%, with a current trading price of $20.17, reflecting a market capitalization of $279.76 million.
• JPMorgan Chase & Co. increased its stake in G. Willi-Food International by 786.8% during the second quarter, demonstrating growing institutional interest in the stock.

G. Willi-Food International, Ltd. (NASDAQ:WILC - Get Free Report) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totaling 5,500 shares, a drop of 31.3% from the July 31st total of 8,000 shares. Based on an average daily volume of 18,700 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 18,700 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On G. Willi-Food International

Several institutional investors and hedge funds have recently bought and sold shares of WILC. JPMorgan Chase & Co. grew its stake in shares of G. Willi-Food International by 786.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company's stock valued at $40,000 after purchasing an additional 1,904 shares during the period. Acadian Asset Management LLC bought a new position in G. Willi-Food International in the 1st quarter valued at $50,000. Finally, Northern Trust Corp acquired a new stake in G. Willi-Food International in the fourth quarter worth about $521,000. Institutional investors own 9.45% of the company's stock.

G. Willi-Food International Price Performance

Shares of NASDAQ WILC traded up $0.30 during mid-day trading on Thursday, hitting $21.15. The company had a trading volume of 9,465 shares, compared to its average volume of 10,386. G. Willi-Food International has a 12 month low of $10.30 and a 12 month high of $22.85. The firm has a market cap of $293.34 million, a P/E ratio of 11.31 and a beta of 0.84. The business's 50-day simple moving average is $20.76 and its 200-day simple moving average is $17.62.

G. Willi-Food International (NASDAQ:WILC - Get Free Report) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.61 EPS for the quarter. G. Willi-Food International had a return on equity of 15.70% and a net margin of 16.07%.The firm had revenue of $44.83 million during the quarter.

G. Willi-Food International Cuts Dividend

The firm also recently declared a -- dividend, which was paid on Thursday, September 4th. Shareholders of record on Monday, August 25th were paid a dividend of $0.42 per share. The ex-dividend date was Monday, August 25th. This represents a yield of 90.0%. G. Willi-Food International's payout ratio is currently 53.48%.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of G. Willi-Food International from a "buy" rating to a "strong-buy" rating in a report on Sunday.

G. Willi-Food International Company Profile

G. Willi-Food International Ltd. designs, imports, markets, and distributes food products worldwide. The company offers mushrooms, artichoke, beans, asparagus, capers, corn kernels, baby corn, palm hearts, vine leaves, sour pickles, mixed pickled vegetables, pickled peppers, olives, garlic, roasted eggplant sun, and dried tomatoes; and canned fish comprising tuna, sardine, anchovies, smoked and pressed cod liver, herring, fish paste, and salmon products.