Short Interest in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Decreases By 8.6%

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 139,000 shares, a decrease of 8.6% from the October 15th total of 152,000 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average trading volume of 76,200 shares, the days-to-cover ratio is currently 1.8 days.

Analyst Upgrades and Downgrades

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

John B. Sanfilippo & Son Price Performance

NASDAQ:JBSS opened at $82.88 on Monday. The firm has a market cap of $961.66 million, a P/E ratio of 17.82 and a beta of 0.11. The stock has a 50 day moving average of $91.65 and a two-hundred day moving average of $96.23. John B. Sanfilippo & Son has a 12 month low of $79.07 and a 12 month high of $108.96. The company has a current ratio of 2.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its earnings results on Tuesday, August 20th. The company reported $0.86 EPS for the quarter. The business had revenue of $269.57 million during the quarter. John B. Sanfilippo & Son had a net margin of 4.90% and a return on equity of 17.21%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Gamco Investors INC. ET AL increased its stake in John B. Sanfilippo & Son by 15.3% during the first quarter. Gamco Investors INC. ET AL now owns 42,675 shares of the company’s stock worth $4,520,000 after purchasing an additional 5,650 shares during the period. Summit Global Investments purchased a new stake in John B. Sanfilippo & Son during the 3rd quarter worth approximately $715,000. Hunter Perkins Capital Management LLC lifted its holdings in John B. Sanfilippo & Son by 8.2% during the 3rd quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company’s stock worth $7,901,000 after buying an additional 6,331 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in John B. Sanfilippo & Son by 2.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,524 shares of the company’s stock valued at $1,327,000 after buying an additional 299 shares during the period. Finally, GSA Capital Partners LLP acquired a new position in shares of John B. Sanfilippo & Son in the third quarter worth $2,610,000. Institutional investors and hedge funds own 70.64% of the company’s stock.

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.