Short Interest in Hamilton Beach Brands Holding (NYSE:HBB) Increases By 10.7%

Hamilton Beach Brands Holding (NYSE:HBB - Get Free Report) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 262,900 shares, an increase of 10.7% from the November 30th total of 237,400 shares. Approximately 4.3% of the shares of the stock are sold short. Based on an average trading volume of 57,800 shares, the days-to-cover ratio is presently 4.5 days.

Hamilton Beach Brands Stock Up 1.4 %

Shares of HBB traded up $0.23 during trading hours on Wednesday, hitting $16.83. 189,965 shares of the company were exchanged, compared to its average volume of 56,278. Hamilton Beach Brands has a fifty-two week low of $14.34 and a fifty-two week high of $31.78. The company has a market cap of $230.66 million, a price-to-earnings ratio of 8.95 and a beta of 0.84. The firm's fifty day moving average is $20.37 and its 200 day moving average is $23.14.

Hamilton Beach Brands (NYSE:HBB - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.14 earnings per share (EPS) for the quarter. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%. The firm had revenue of $156.67 million for the quarter.

Hamilton Beach Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were paid a $0.115 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.46 dividend on an annualized basis and a yield of 2.73%. Hamilton Beach Brands's dividend payout ratio (DPR) is 24.47%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in shares of Hamilton Beach Brands by 5.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 365,369 shares of the company's stock valued at $6,280,000 after purchasing an additional 19,555 shares during the last quarter. Acadian Asset Management LLC grew its position in Hamilton Beach Brands by 35.3% in the second quarter. Acadian Asset Management LLC now owns 121,804 shares of the company's stock valued at $2,090,000 after acquiring an additional 31,762 shares during the last quarter. American Century Companies Inc. raised its stake in Hamilton Beach Brands by 101.9% during the second quarter. American Century Companies Inc. now owns 118,355 shares of the company's stock worth $2,035,000 after acquiring an additional 59,726 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Hamilton Beach Brands by 34.2% during the second quarter. Bank of New York Mellon Corp now owns 91,315 shares of the company's stock worth $1,570,000 after acquiring an additional 23,280 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its holdings in shares of Hamilton Beach Brands by 32.2% in the third quarter. Ritholtz Wealth Management now owns 54,321 shares of the company's stock worth $1,653,000 after acquiring an additional 13,233 shares during the last quarter. 50.55% of the stock is currently owned by institutional investors and hedge funds.

About Hamilton Beach Brands

Hamilton Beach Brands Holding Company, together with its subsidiaries, designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally. It offers air fryers, blenders, coffee makers, food processors, indoor electric grills, irons, juicers, mixers, slow cookers, toasters, and toaster ovens.