John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Short Interest Down 12.3% in December

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Get Free Report) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 145,800 shares, a decrease of 12.3% from the December 15th total of 166,200 shares. Currently, 1.7% of the company's shares are short sold. Based on an average trading volume of 79,700 shares, the days-to-cover ratio is presently 1.8 days.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a report on Monday, November 4th.

John B. Sanfilippo & Son Stock Down 0.7 %

NASDAQ JBSS traded down $0.59 during trading hours on Monday, reaching $89.43. 58,456 shares of the company's stock traded hands, compared to its average volume of 108,126. The firm has a market cap of $1.04 billion, a PE ratio of 19.23 and a beta of 0.14. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.06 and a quick ratio of 0.66. John B. Sanfilippo & Son has a 52-week low of $79.07 and a 52-week high of $108.96. The firm has a 50-day simple moving average of $86.43 and a 200 day simple moving average of $92.11.

Hedge Funds Weigh In On John B. Sanfilippo & Son

Several institutional investors and hedge funds have recently modified their holdings of the stock. Inspire Investing LLC grew its holdings in shares of John B. Sanfilippo & Son by 6.5% during the fourth quarter. Inspire Investing LLC now owns 4,627 shares of the company's stock valued at $403,000 after buying an additional 284 shares during the last quarter. Franklin Resources Inc. lifted its position in John B. Sanfilippo & Son by 10.3% in the 3rd quarter. Franklin Resources Inc. now owns 5,817 shares of the company's stock valued at $551,000 after acquiring an additional 545 shares in the last quarter. Virtu Financial LLC purchased a new stake in John B. Sanfilippo & Son during the 3rd quarter valued at $263,000. Barclays PLC increased its holdings in shares of John B. Sanfilippo & Son by 386.6% in the 3rd quarter. Barclays PLC now owns 18,471 shares of the company's stock worth $1,741,000 after purchasing an additional 14,675 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of John B. Sanfilippo & Son in the third quarter worth $213,000. 70.64% of the stock is currently owned by institutional investors.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc engages in selling nuts and nut-related products. It offers dried fruit-based products that are sold under, Fisher Nuts, Orchard Valley Harvest, Southern Style Nuts, and Squirrel Brand. The company was founded by Gaspare Sanfilippo and John B. Sanfilippo in 1922 and is headquartered in Elgin, IL.