Ennis, Inc. (NYSE:EBF) Short Interest Update

Ennis, Inc. (NYSE:EBF) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 621,600 shares, a growth of 10.8% from the October 31st total of 560,900 shares. Based on an average daily volume of 183,600 shares, the short-interest ratio is currently 3.4 days. Approximately 2.5% of the company’s stock are short sold.

Ennis Stock Down 0.3 %

Shares of Ennis stock opened at $21.31 on Wednesday. The firm’s 50 day moving average price is $21.77 and its 200-day moving average price is $22.21. Ennis has a 52-week low of $18.88 and a 52-week high of $25.75. The company has a market cap of $554.06 million, a P/E ratio of 13.49 and a beta of 0.41.

Ennis (NYSE:EBF) last issued its quarterly earnings data on Monday, September 23rd. The industrial products company reported $0.40 earnings per share (EPS) for the quarter. Ennis had a net margin of 10.15% and a return on equity of 11.64%. The firm had revenue of $99.04 million for the quarter.

Ennis Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, October 11th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date was Friday, October 11th. Ennis’s dividend payout ratio (DPR) is presently 63.29%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Ennis from a “buy” rating to a “strong-buy” rating in a research report on Tuesday.

Institutional Trading of Ennis

A number of institutional investors have recently bought and sold shares of EBF. AQR Capital Management LLC boosted its stake in Ennis by 74.5% in the 2nd quarter. AQR Capital Management LLC now owns 268,172 shares of the industrial products company’s stock worth $5,870,000 after purchasing an additional 114,516 shares in the last quarter. American Century Companies Inc. lifted its stake in Ennis by 47.1% during the 2nd quarter. American Century Companies Inc. now owns 274,947 shares of the industrial products company’s stock valued at $6,019,000 after acquiring an additional 88,042 shares during the period. Geode Capital Management LLC lifted its stake in Ennis by 5.4% during the 3rd quarter. Geode Capital Management LLC now owns 706,924 shares of the industrial products company’s stock valued at $17,195,000 after acquiring an additional 36,187 shares during the period. Barclays PLC lifted its stake in Ennis by 35.7% during the 3rd quarter. Barclays PLC now owns 128,298 shares of the industrial products company’s stock valued at $3,120,000 after acquiring an additional 33,748 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in Ennis by 74.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 65,588 shares of the industrial products company’s stock valued at $1,346,000 after acquiring an additional 27,921 shares during the period. 74.33% of the stock is currently owned by institutional investors and hedge funds.

About Ennis

Ennis, Inc manufactures and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and AmeriPrint brands.