John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Short Interest Down 16.4% in February

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 103,500 shares, a drop of 16.4% from the February 13th total of 123,800 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily volume of 96,700 shares, the days-to-cover ratio is currently 1.1 days.

Hedge Funds Weigh In On John B. Sanfilippo & Son

Hedge funds have recently modified their holdings of the business. State Street Corp increased its stake in John B. Sanfilippo & Son by 2.1% during the 3rd quarter. State Street Corp now owns 356,169 shares of the company’s stock worth $33,590,000 after buying an additional 7,213 shares during the period. Exchange Traded Concepts LLC increased its position in shares of John B. Sanfilippo & Son by 4.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 22,043 shares of the company’s stock worth $1,920,000 after acquiring an additional 961 shares during the period. Barclays PLC raised its stake in shares of John B. Sanfilippo & Son by 386.6% in the third quarter. Barclays PLC now owns 18,471 shares of the company’s stock valued at $1,741,000 after acquiring an additional 14,675 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of John B. Sanfilippo & Son by 248.7% in the third quarter. BNP Paribas Financial Markets now owns 40,413 shares of the company’s stock valued at $3,811,000 after acquiring an additional 28,822 shares in the last quarter. Finally, Walleye Capital LLC purchased a new position in John B. Sanfilippo & Son in the third quarter valued at $1,094,000. 70.64% of the stock is currently owned by hedge funds and other institutional investors.

John B. Sanfilippo & Son Trading Up 0.9 %

John B. Sanfilippo & Son stock traded up $0.63 during trading on Thursday, reaching $70.86. 7,854 shares of the company were exchanged, compared to its average volume of 69,415. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.04 and a quick ratio of 0.67. The stock’s 50 day simple moving average is $76.80 and its two-hundred day simple moving average is $85.16. The company has a market capitalization of $824.61 million, a P/E ratio of 17.01 and a beta of 0.02. John B. Sanfilippo & Son has a 52-week low of $68.56 and a 52-week high of $108.64.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings results on Wednesday, January 29th. The company reported $1.16 EPS for the quarter. John B. Sanfilippo & Son had a net margin of 4.36% and a return on equity of 15.22%.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc engages in the processing and distribution of nuts and nut-related products. It offers peanuts, pecans, cashews, walnuts, almonds, and other nuts under the brands of Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts. The company was founded by Gaspare Sanfilippo and John B.