Village Super Market, Inc. (NASDAQ:VLGEA) Short Interest Up 279.2% in July

Key Points

• Short interest for Village Super Market increased by 279.2% in July, totaling 105,800 shares, compared to 27,900 shares in June.
• The company declared a quarterly dividend of $0.25, resulting in an annualized yield of 2.9% and a payout ratio of 26.39%.
• Village Super Market's stock is down 1.3% recently, with a current market capitalization of $500.95 million and a P/E ratio of 8.96.

Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 105,800 shares, agrowthof279.2% from the June 30th total of 27,900 shares. Currently,1.1% of the company's shares are short sold. Based on an average daily trading volume, of 56,600 shares, the short-interest ratio is presently 1.9 days. Based on an average daily trading volume, of 56,600 shares, the short-interest ratio is presently 1.9 days. Currently,1.1% of the company's shares are short sold.

Village Super Market Stock Down 1.3%

Shares of NASDAQ VLGEA opened at $33.94 on Friday. Village Super Market has a 1 year low of $26.37 and a 1 year high of $40.15. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.06 and a quick ratio of 0.78. The company has a 50 day simple moving average of $37.33 and a 200-day simple moving average of $35.61. The company has a market capitalization of $500.95 million, a P/E ratio of 8.96 and a beta of 0.51.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The company reported $0.78 earnings per share for the quarter. Village Super Market had a net margin of 2.45% and a return on equity of 12.55%. The firm had revenue of $563.67 million during the quarter.

Village Super Market Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Thursday, July 3rd were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Thursday, July 3rd. Village Super Market's dividend payout ratio (DPR) is currently 26.39%.

Hedge Funds Weigh In On Village Super Market

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Morgan Dempsey Capital Management LLC boosted its position in Village Super Market by 41.8% in the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 3,713 shares of the company's stock valued at $143,000 after buying an additional 1,095 shares during the period. New York State Teachers Retirement System purchased a new position in Village Super Market in the 2nd quarter valued at approximately $30,000. Allspring Global Investments Holdings LLC boosted its position in Village Super Market by 114.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 106,601 shares of the company's stock valued at $4,104,000 after buying an additional 56,959 shares during the period. CWM LLC boosted its position in Village Super Market by 41.5% in the 2nd quarter. CWM LLC now owns 1,586 shares of the company's stock valued at $61,000 after buying an additional 465 shares during the period. Finally, Strs Ohio purchased a new stake in shares of Village Super Market during the 1st quarter worth $574,000. Hedge funds and other institutional investors own 39.02% of the company's stock.

Village Super Market Company Profile

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.

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