John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Get Free Report) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 165,400 shares, a growth of 19.0% from the October 31st total of 139,000 shares. Approximately 1.9% of the company's stock are sold short. Based on an average trading volume of 72,600 shares, the short-interest ratio is currently 2.3 days.
Wall Street Analyst Weigh In
Separately, StockNews.com cut shares of John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a report on Monday, November 4th.
Read Our Latest Stock Report on JBSS
Institutional Trading of John B. Sanfilippo & Son
Institutional investors have recently modified their holdings of the stock. nVerses Capital LLC purchased a new stake in shares of John B. Sanfilippo & Son during the 2nd quarter worth approximately $29,000. DekaBank Deutsche Girozentrale purchased a new stake in John B. Sanfilippo & Son in the 3rd quarter valued at $33,000. Copeland Capital Management LLC purchased a new stake in John B. Sanfilippo & Son in the 3rd quarter valued at $39,000. GAMMA Investing LLC raised its position in John B. Sanfilippo & Son by 90.5% in the 2nd quarter. GAMMA Investing LLC now owns 579 shares of the company's stock valued at $56,000 after purchasing an additional 275 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in John B. Sanfilippo & Son in the 3rd quarter valued at $66,000. Hedge funds and other institutional investors own 70.64% of the company's stock.
John B. Sanfilippo & Son Stock Up 1.9 %
Shares of NASDAQ:JBSS traded up $1.61 during trading on Friday, hitting $86.35. 42,583 shares of the company were exchanged, compared to its average volume of 65,999. The stock has a market capitalization of $1.00 billion, a P/E ratio of 18.57 and a beta of 0.11. 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 12-month low of $79.07 and a 12-month high of $108.96. The firm's 50 day moving average price is $89.82 and its 200-day moving average price is $95.01.
John B. Sanfilippo & Son Company Profile
(
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John B. Sanfilippo & Son, Inc, through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.
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