John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Short Interest Update

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

Institutional Trading of John B. Sanfilippo & Son

Institutional investors have recently bought and sold shares of the company. State Street Corp raised its stake in shares of John B. Sanfilippo & Son by 2.1% during the third quarter. State Street Corp now owns 356,169 shares of the company’s stock valued at $33,590,000 after purchasing an additional 7,213 shares during the period. Summit Global Investments purchased a new stake in shares of John B. Sanfilippo & Son during the third quarter valued at approximately $715,000. Hunter Perkins Capital Management LLC raised its stake in shares of John B. Sanfilippo & Son by 8.2% during the third quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company’s stock valued at $7,901,000 after purchasing an additional 6,331 shares during the period. BNP Paribas Financial Markets raised its stake in shares of John B. Sanfilippo & Son by 248.7% during the third quarter. BNP Paribas Financial Markets now owns 40,413 shares of the company’s stock valued at $3,811,000 after purchasing an additional 28,822 shares during the period. Finally, Barclays PLC raised its stake in shares of John B. Sanfilippo & Son by 386.6% during the third quarter. Barclays PLC now owns 18,471 shares of the company’s stock valued at $1,741,000 after purchasing an additional 14,675 shares during the period. 70.64% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com cut John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research note on Monday, November 4th.

Get Our Latest Stock Report on John B. Sanfilippo & Son

John B. Sanfilippo & Son Stock Performance

Shares of NASDAQ:JBSS traded down $0.59 during trading on Friday, reaching $89.43. The company had a trading volume of 58,456 shares, compared to its average volume of 108,126. The firm has a market capitalization of $1.04 billion, a price-to-earnings 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. The stock’s fifty day moving average price is $86.37 and its 200 day moving average price is $92.17. John B. Sanfilippo & Son has a fifty-two week low of $79.07 and a fifty-two week high of $108.96.

About John B. Sanfilippo & Son

(Get Free Report)

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.

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