Today’s Short Interest: Advancepierre Foods Holdings Incorporated (NYSE:APFH) Reports Decline in Sellers; Strong Momentum for Longs

November 24, 2016 - By Winifred Garcia   ·   0 Comments

Today's Short Interest: Advancepierre Foods Holdings Incorporated (NYSE:APFH) Reports Decline in Sellers; Strong Momentum for Longs

The stock of Advancepierre Foods Holdings Incorporated (NYSE:APFH) registered a decrease of 12.3% in short interest. APFH’s total short interest was 892,700 shares in November as published by FINRA. Its down 12.3% from 1.02 million shares, reported previously. With 211,500 shares average volume, it will take short sellers 4 days to cover their APFH’s short positions. The short interest to Advancepierre Foods Holdings Incorporated’s float is 3.14%. The stock decreased 1.32% or $0.35 on November 23, hitting $26.22. About 178,528 shares traded hands. AdvancePierre Foods Holdings Inc (NYSE:APFH) has risen 6.00% since October 25, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.

AdvancePierre Foods Holdings, Inc., formerly Pierre Foods Holding Corporation, is a producer and distributor of sandwiches, sandwich components, and other entrees and snacks. The company has a market cap of $2.02 billion. The Firm operates through divisions, including Foodservice, which sells its products to national and regional distributors; Retail, which supplies its products to national and regional grocery chains, major warehouse club stores, mass retailers and dollar stores; Convenience, which sells its products to national and regional convenience chains and vending providers, and Industrial, which includes sales to other food producers under short-term co-manufacturing agreements. It currently has negative earnings.

AdvancePierre Foods Holdings Inc (NYSE:APFH) Ratings Coverage

Out of 7 analysts covering AdvancePierre … (NYSE:APFH), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. AdvancePierre … has been the topic of 7 analyst reports since August 9, 2016 according to StockzIntelligence Inc. On Tuesday, August 9 the stock rating was initiated by Goldman Sachs with “Neutral”. The company was initiated on Tuesday, August 9 by Barclays Capital. The company was initiated on Tuesday, August 9 by Credit Suisse. The rating was initiated by Deutsche Bank with “Buy” on Tuesday, August 9. The firm earned “Overweight” rating on Tuesday, August 9 by Morgan Stanley. The rating was initiated by Wells Fargo with “Outperform” on Monday, August 15. BMO Capital Markets initiated AdvancePierre Foods Holdings Inc (NYSE:APFH) on Tuesday, August 9 with “Outperform” rating.

APFH Company Profile

AdvancePierre Foods Holdings, Inc., formerly Pierre Foods Holding Corporation, is a producer and distributor of sandwiches, sandwich components, and other entrees and snacks. The Firm operates through divisions, including Foodservice, Retail, Convenience and Industrial. The Firm markets and distributes approximately 2,600 stock keeping units (SKUs) across various day parts in various product categories, including ready-to-eat sandwiches, such as breakfast sandwiches, peanut butter and jelly (PB&J) sandwiches and hamburgers; sandwich components, such as fully-cooked hamburger and chicken patties and Philly steaks, and other entrees and snacks, such as country fried steak, stuffed entrees, chicken tenders and cinnamon dough bites.

More notable recent AdvancePierre Foods Holdings Inc (NYSE:APFH) news were published by: Marketwatch.com which released: “AdvancePierre Foods Holdings Inc.” on May 31, 2016, also Marketwatch.com with their article: “5 things to know about AdvancePierre Foods before it goes public” published on April 13, 2016, Nasdaq.com published: “AdvancePierre Foods Holdings, Inc. (APFH) Ex-Dividend Date Scheduled for …” on November 16, 2016. More interesting news about AdvancePierre Foods Holdings Inc (NYSE:APFH) were released by: Fool.com and their article: “What Investors Need to Know About the AdvancePierre Foods Holdings IPO” published on July 13, 2016 as well as Wsj.com‘s news article titled: “AdvancePierre Foods IPO Prices at $21, Within $20-$23 Range” with publication date: July 15, 2016.

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By Winifred Garcia


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