Short Interest in G. Willi-Food International, Ltd. (NASDAQ:WILC) Rises By 100.0%

Key Points

• Short interest in G. Willi-Food International increased by 100% in July, rising from 4,000 to 8,000 shares, which is about 0.3% of the company's total shares.
• Wall Street analysts upgraded the stock from a "hold" rating to a "strong-buy" rating, indicating positive sentiment towards the company.
• The company announced a dividend of $0.42 per share with a significant yield of 90.0%, set to be paid on September 4th.

G. Willi-Food International, Ltd. (NASDAQ:WILC - Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 8,000 shares, agrowthof100.0% from the July 15th total of 4,000 shares. Approximately0.3% of the company's shares are short sold. Based on an average daily volume of 17,100 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 17,100 shares, the days-to-cover ratio is currently 0.5 days. Approximately0.3% of the company's shares are short sold.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded G. Willi-Food International from a "hold" rating to a "strong-buy" rating in a research report on Saturday.

G. Willi-Food International Trading Up 0.7%

G. Willi-Food International stock opened at $21.86 on Friday. The company has a market capitalization of $303.20 million, a PE ratio of 11.69 and a beta of 0.90. G. Willi-Food International has a 12 month low of $9.48 and a 12 month high of $22.85. The stock has a 50-day moving average price of $19.42 and a two-hundred day moving average price of $17.13.

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

G. Willi-Food International Cuts Dividend

The business also recently disclosed a -- dividend, which will be paid on Thursday, September 4th. Stockholders of record on Monday, August 25th will be given a dividend of $0.42 per share. This represents a dividend yield of 90.0%. The ex-dividend date is Monday, August 25th. G. Willi-Food International's dividend payout ratio (DPR) is 31.02%.

Hedge Funds Weigh In On G. Willi-Food International

A number of hedge funds have recently made changes to their positions in WILC. Northern Trust Corp bought a new position in shares of G. Willi-Food International during the fourth quarter worth about $521,000. Acadian Asset Management LLC bought a new position in shares of G. Willi-Food International during the first quarter worth about $50,000. Finally, JPMorgan Chase & Co. raised its position in shares of G. Willi-Food International by 786.8% during the second quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company's stock worth $40,000 after acquiring an additional 1,904 shares during the last quarter. 9.45% of the stock is currently owned by institutional investors.

About G. Willi-Food International

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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