Janus International Group, Inc. (NYSE:JBI) Short Interest Down 14.3% in February

Janus International Group, Inc. (NYSE:JBI - Get Free Report) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 11,180,000 shares, a drop of 14.3% from the February 13th total of 13,040,000 shares. Based on an average daily trading volume, of 1,520,000 shares, the days-to-cover ratio is currently 7.4 days. Approximately 8.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of JBI. Principal Financial Group Inc. raised its stake in Janus International Group by 854.2% in the third quarter. Principal Financial Group Inc. now owns 182,876 shares of the company's stock valued at $1,849,000 after purchasing an additional 163,711 shares in the last quarter. Atria Investments Inc raised its stake in Janus International Group by 13.4% in the third quarter. Atria Investments Inc now owns 13,889 shares of the company's stock valued at $140,000 after purchasing an additional 1,643 shares in the last quarter. Victory Capital Management Inc. raised its stake in Janus International Group by 4.0% in the third quarter. Victory Capital Management Inc. now owns 1,392,822 shares of the company's stock valued at $14,081,000 after purchasing an additional 53,535 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in Janus International Group in the third quarter valued at about $243,000. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Janus International Group in the third quarter valued at about $950,000. Institutional investors and hedge funds own 88.78% of the company's stock.

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Janus International Group Stock Performance

Shares of JBI traded down $0.14 during midday trading on Friday, reaching $7.94. 3,633,942 shares of the stock were exchanged, compared to its average volume of 1,922,990. Janus International Group has a twelve month low of $6.68 and a twelve month high of $15.53. The company has a quick ratio of 2.39, a current ratio of 2.80 and a debt-to-equity ratio of 1.11. The company has a market cap of $1.11 billion, a P/E ratio of 11.02 and a beta of 0.97. The stock's 50 day simple moving average is $8.06 and its 200 day simple moving average is $8.36.

About Janus International Group

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.