John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Sees Large Growth in Short Interest

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 123,400 shares, an increase of 18.7% from the March 15th total of 104,000 shares. Based on an average trading volume of 80,800 shares, the short-interest ratio is currently 1.5 days. Approximately 1.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of JBSS. State Street Corp lifted its holdings in John B. Sanfilippo & Son by 2.1% in the 3rd quarter. State Street Corp now owns 356,169 shares of the company’s stock worth $33,590,000 after purchasing an additional 7,213 shares during the last quarter. Barclays PLC boosted its holdings in John B. Sanfilippo & Son by 386.6% in the 3rd 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. Virtu Financial LLC acquired a new stake in John B. Sanfilippo & Son during the third quarter worth about $263,000. Franklin Resources Inc. grew its holdings in shares of John B. Sanfilippo & Son by 10.3% during the 3rd quarter. Franklin Resources Inc. now owns 5,817 shares of the company’s stock worth $551,000 after purchasing an additional 545 shares in the last quarter. Finally, Inspire Investing LLC boosted its stake in John B. Sanfilippo & Son by 6.5% during the fourth quarter. Inspire Investing LLC now owns 4,627 shares of the company’s stock worth $403,000 after buying an additional 284 shares in the last quarter. Institutional investors and hedge funds own 70.64% of the company’s stock.

John B. Sanfilippo & Son Stock Down 0.1 %

Shares of NASDAQ:JBSS traded down $0.08 during midday trading on Tuesday, hitting $67.86. 6,999 shares of the stock were exchanged, compared to its average volume of 73,595. The company has a market capitalization of $789.70 million, a PE ratio of 16.27 and a beta of 0.29. John B. Sanfilippo & Son has a 52-week low of $65.29 and a 52-week high of $105.63. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.67 and a current ratio of 2.04. The business’s fifty day simple moving average is $70.39 and its two-hundred day simple moving average is $80.75.

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

About John B. Sanfilippo & Son

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.