Janus International Group, Inc. (NYSE:JBI) Sees Large Decrease in Short Interest

Janus International Group, Inc. (NYSE:JBI) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 11,180,000 shares, a drop of 14.3% from the February 13th total of 13,040,000 shares. Based on an average trading volume of 1,520,000 shares, the days-to-cover ratio is presently 7.4 days. Approximately 8.3% of the company’s shares are sold short.

Janus International Group Trading Down 2.1 %

NYSE:JBI traded down $0.18 during trading hours on Thursday, hitting $8.19. The stock had a trading volume of 406,249 shares, compared to its average volume of 1,495,193. The business’s 50 day moving average is $8.02 and its 200-day moving average is $8.40. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.39 and a current ratio of 2.80. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 11.40 and a beta of 0.97. Janus International Group has a one year low of $6.68 and a one year high of $15.53.

Institutional Trading of Janus International Group

Hedge funds have recently added to or reduced their stakes in the business. FMR LLC increased its holdings in shares of Janus International Group by 74.9% in the fourth quarter. FMR LLC now owns 14,544,033 shares of the company’s stock worth $106,899,000 after acquiring an additional 6,227,738 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Janus International Group by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 13,504,970 shares of the company’s stock valued at $99,262,000 after buying an additional 43,135 shares during the period. JPMorgan Chase & Co. increased its position in shares of Janus International Group by 31.0% during the fourth quarter. JPMorgan Chase & Co. now owns 9,332,406 shares of the company’s stock worth $68,593,000 after acquiring an additional 2,207,140 shares in the last quarter. Cooke & Bieler LP raised its holdings in shares of Janus International Group by 25.9% during the fourth quarter. Cooke & Bieler LP now owns 7,549,000 shares of the company’s stock worth $55,485,000 after acquiring an additional 1,551,545 shares during the period. Finally, Senvest Management LLC lifted its position in Janus International Group by 47.0% during the 4th quarter. Senvest Management LLC now owns 5,671,431 shares of the company’s stock worth $41,685,000 after buying an additional 1,812,602 shares in the last quarter. Institutional investors and hedge funds own 88.78% of the company’s stock.

About Janus International Group

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.