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

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 165,400 shares, a growth of 19.0% from the October 31st total of 139,000 shares. Approximately 1.9% of the shares of the company are sold short. Based on an average daily trading volume, of 72,600 shares, the short-interest ratio is presently 2.3 days.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. nVerses Capital LLC bought a new position in shares of John B. Sanfilippo & Son during the 2nd quarter valued at about $29,000. DekaBank Deutsche Girozentrale purchased a new stake in John B. Sanfilippo & Son in the third quarter worth about $33,000. Copeland Capital Management LLC bought a new position in shares of John B. Sanfilippo & Son in the 3rd quarter worth $39,000. GAMMA Investing LLC lifted its position in shares of John B. Sanfilippo & Son by 90.5% during the second quarter. GAMMA Investing LLC now owns 579 shares of the company’s stock valued at $56,000 after buying an additional 275 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in John B. Sanfilippo & Son in the third quarter worth $66,000. Hedge funds and other institutional investors own 70.64% of the company’s stock.

John B. Sanfilippo & Son Stock Performance

Shares of NASDAQ:JBSS traded up $0.80 during mid-day trading on Monday, reaching $87.15. 57,010 shares of the company traded hands, compared to its average volume of 63,542. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.06 and a quick ratio of 0.66. John B. Sanfilippo & Son has a 52 week low of $79.07 and a 52 week high of $108.96. The firm has a market cap of $1.01 billion, a PE ratio of 18.57 and a beta of 0.11. The company’s 50 day moving average price is $89.82 and its 200-day moving average price is $94.96.

About John B. Sanfilippo & Son

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.