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John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Sees Significant Increase in Short Interest

John B. Sanfilippo & Son logo with Consumer Staples background

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 123,400 shares, an increase of 18.7% from the March 15th total of 104,000 shares. Based on an average daily volume of 80,800 shares, the short-interest ratio is presently 1.5 days. Approximately 1.4% of the company's stock are sold short.

Hedge Funds Weigh In On John B. Sanfilippo & Son

A number of hedge funds have recently bought and sold shares of JBSS. Legal & General Group Plc raised its holdings in shares of John B. Sanfilippo & Son by 0.6% during the fourth quarter. Legal & General Group Plc now owns 25,785 shares of the company's stock valued at $2,246,000 after purchasing an additional 151 shares during the last quarter. Aviva PLC lifted its holdings in shares of John B. Sanfilippo & Son by 2.5% during the 4th quarter. Aviva PLC now owns 7,041 shares of the company's stock valued at $613,000 after buying an additional 171 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of John B. Sanfilippo & Son by 3.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,102 shares of the company's stock worth $444,000 after buying an additional 182 shares during the last quarter. Hudson Edge Investment Partners Inc. grew its holdings in shares of John B. Sanfilippo & Son by 5.1% in the fourth quarter. Hudson Edge Investment Partners Inc. now owns 5,310 shares of the company's stock worth $463,000 after acquiring an additional 260 shares during the period. Finally, Inspire Investing LLC lifted its holdings in John B. Sanfilippo & Son by 6.5% in the fourth quarter. Inspire Investing LLC now owns 4,627 shares of the company's stock valued at $403,000 after acquiring an additional 284 shares during the period. Hedge funds and other institutional investors own 70.64% of the company's stock.

John B. Sanfilippo & Son Stock Down 0.8 %

JBSS stock traded down $0.52 during trading on Monday, hitting $67.93. 46,784 shares of the stock traded hands, compared to its average volume of 73,855. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.04 and a quick ratio of 0.67. The stock has a market cap of $790.57 million, a price-to-earnings ratio of 16.29 and a beta of 0.29. John B. Sanfilippo & Son has a 1 year low of $65.29 and a 1 year high of $105.63. The firm's 50 day moving average is $70.46 and its two-hundred day moving average is $80.93.

John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $1.16 earnings per share for the quarter. John B. Sanfilippo & Son had a net margin of 4.36% and a return on equity of 15.22%.

John B. Sanfilippo & Son Company Profile

(Get Free Report)

John B. Sanfilippo & Son, Inc engages in the processing and distribution of nuts and nut-related products. It offers peanuts, pecans, cashews, walnuts, almonds, and other nuts under the brands of Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts. The company was founded by Gaspare Sanfilippo and John B.

Further Reading

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