John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Short Interest Up 13.8% in December

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 166,200 shares, an increase of 13.8% from the November 30th total of 146,000 shares. Based on an average trading volume of 74,100 shares, the short-interest ratio is presently 2.2 days. Approximately 1.9% of the shares of the stock are short sold.

John B. Sanfilippo & Son Price Performance

John B. Sanfilippo & Son stock opened at $87.11 on Wednesday. The firm has a market capitalization of $1.01 billion, a PE ratio of 18.73 and a beta of 0.13. John B. Sanfilippo & Son has a 52 week low of $79.07 and a 52 week high of $108.96. The firm’s 50-day simple moving average is $86.67 and its 200 day simple moving average is $93.00. The company has a quick ratio of 0.66, a current ratio of 2.06 and a debt-to-equity ratio of 0.02.

Institutional Trading of John B. Sanfilippo & Son

Several institutional investors and hedge funds have recently modified their holdings of the business. State Street Corp lifted its position in shares of John B. Sanfilippo & Son by 2.1% in the third quarter. State Street Corp now owns 356,169 shares of the company’s stock valued at $33,590,000 after acquiring an additional 7,213 shares in the last quarter. Summit Global Investments purchased a new position in John B. Sanfilippo & Son in the 3rd quarter valued at about $715,000. Hunter Perkins Capital Management LLC boosted its stake in shares of John B. Sanfilippo & Son by 8.2% during the 3rd quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company’s stock worth $7,901,000 after purchasing an additional 6,331 shares during the last quarter. BNP Paribas Financial Markets grew its holdings 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 worth $3,811,000 after buying an additional 28,822 shares in the last quarter. Finally, Walleye Capital LLC purchased a new stake in shares of John B. Sanfilippo & Son during the third quarter worth about $1,094,000. Hedge funds and other institutional investors own 70.64% of the company’s stock.

Wall Street Analysts Forecast Growth

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

John B. Sanfilippo & Son Company Profile

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.