Short Interest in G. Willi-Food International, Ltd. (NASDAQ:WILC) Decreases By 31.3%

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) was the recipient of a large decrease in short interest in the month of August. As of August 15th, there was short interest totaling 5,500 shares, adecreaseof31.3% 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. Currently,0.2% of the shares of the company are sold short. Currently,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.

G. Willi-Food International Trading Up 1.8%

Shares of WILC stock opened at $20.17 on Friday. The stock has a 50 day moving average of $20.61 and a two-hundred day moving average of $17.53. G. Willi-Food International has a 12 month low of $10.30 and a 12 month high of $22.85. The company has a market capitalization of $279.76 million, a P/E ratio of 10.79 and a beta of 0.84.

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

G. Willi-Food International Cuts Dividend

The business also recently announced a -- dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 25th were given a dividend of $0.42 per share. This represents a dividend yield of 90.0%. The ex-dividend date was Monday, August 25th. G. Willi-Food International's dividend payout ratio (DPR) is 53.48%.

Hedge Funds Weigh In On G. Willi-Food International

Hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in shares of G. Willi-Food International by 786.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company's stock worth $40,000 after buying an additional 1,904 shares during the period. Acadian Asset Management LLC bought a new position in shares of G. Willi-Food International during the 1st quarter worth approximately $50,000. Finally, Northern Trust Corp bought a new position in shares of G. Willi-Food International during the 4th quarter worth approximately $521,000. Institutional investors own 9.45% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded G. Willi-Food International from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 30th.

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.

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