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

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 145,800 shares, a decrease of 12.3% from the December 15th total of 166,200 shares. Based on an average daily volume of 79,700 shares, the short-interest ratio is currently 1.8 days. Approximately 1.7% of the shares of the stock are short sold.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JBSS. State Street Corp grew its position in John B. Sanfilippo & Son by 2.1% during the third 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 in the last quarter. Pacer Advisors Inc. grew its holdings in shares of John B. Sanfilippo & Son by 6.5% during the second quarter. Pacer Advisors Inc. now owns 345,252 shares of the company’s stock worth $33,548,000 after purchasing an additional 21,069 shares in the last quarter. American Century Companies Inc. increased its position in shares of John B. Sanfilippo & Son by 10.0% in the second quarter. American Century Companies Inc. now owns 115,376 shares of the company’s stock worth $11,211,000 after purchasing an additional 10,514 shares during the last quarter. Hunter Perkins Capital Management LLC raised its stake in John B. Sanfilippo & Son by 8.2% in the third quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company’s stock valued at $7,901,000 after purchasing an additional 6,331 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in 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 valued at $3,811,000 after purchasing an additional 28,822 shares during the last quarter. Institutional investors own 70.64% of the company’s stock.

John B. Sanfilippo & Son Price Performance

John B. Sanfilippo & Son stock traded down $0.59 during midday trading on Friday, reaching $89.43. 58,456 shares of the stock were exchanged, compared to its average volume of 108,126. John B. Sanfilippo & Son has a 52 week low of $79.07 and a 52 week high of $108.96. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 2.06. The firm has a market cap of $1.04 billion, a PE ratio of 19.23 and a beta of 0.14. The company’s fifty day moving average is $86.37 and its 200-day moving average is $92.17.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc engages in selling nuts and nut-related products. It offers dried fruit-based products that are sold under, Fisher Nuts, Orchard Valley Harvest, Southern Style Nuts, and Squirrel Brand. The company was founded by Gaspare Sanfilippo and John B. Sanfilippo in 1922 and is headquartered in Elgin, IL.