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

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

John B. Sanfilippo & Son Stock Down 0.8 %

NASDAQ JBSS traded down $0.59 during trading on Tuesday, reaching $70.76. 22,241 shares of the company’s stock traded hands, compared to its average volume of 69,479. John B. Sanfilippo & Son has a 12-month low of $68.56 and a 12-month high of $108.96. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.04 and a quick ratio of 0.67. The firm has a market cap of $823.45 million, a price-to-earnings ratio of 16.97 and a beta of 0.02. The company’s 50 day simple moving average is $77.43 and its two-hundred day simple moving average is $85.43.

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

Institutional Trading of John B. Sanfilippo & Son

Several large investors have recently added to or reduced their stakes in the company. Quest Partners LLC lifted its stake in John B. Sanfilippo & Son by 821.3% during the 3rd quarter. Quest Partners LLC now owns 6,477 shares of the company’s stock valued at $611,000 after acquiring an additional 5,774 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in John B. Sanfilippo & Son in the third quarter valued at $222,000. Advisors Asset Management Inc. grew its position in John B. Sanfilippo & Son by 38.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 6,289 shares of the company’s stock worth $593,000 after purchasing an additional 1,750 shares during the period. Intech Investment Management LLC raised its stake in shares of John B. Sanfilippo & Son by 120.6% during the 3rd quarter. Intech Investment Management LLC now owns 4,823 shares of the company’s stock valued at $455,000 after buying an additional 2,637 shares during the last quarter. Finally, Algert Global LLC lifted its holdings in shares of John B. Sanfilippo & Son by 156.2% in the 3rd quarter. Algert Global LLC now owns 7,860 shares of the company’s stock valued at $741,000 after buying an additional 4,792 shares during the period. Hedge funds and other institutional investors own 70.64% of the company’s stock.

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.