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

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

John B. Sanfilippo & Son Trading Down 0.8 %

JBSS stock traded down $0.59 during midday trading on Tuesday, reaching $70.76. 22,241 shares of the company traded hands, compared to its average volume of 69,479. The firm has a market capitalization of $823.45 million, a price-to-earnings ratio of 16.97 and a beta of 0.02. 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 has a 50 day moving average of $77.43 and a 200-day moving average of $85.43. John B. Sanfilippo & Son has a 52-week low of $68.56 and a 52-week high of $108.96.

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

Institutional Trading of John B. Sanfilippo & Son

Several institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp increased its stake 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 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% during 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 grew its stake in 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 worth $3,811,000 after purchasing an additional 28,822 shares in the last quarter. Finally, Walleye Capital LLC purchased a new position in John B. Sanfilippo & Son during the 3rd quarter worth $1,094,000. 70.64% of the stock is currently owned by institutional investors.

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.