Short Interest Report: What’s Next for B&G Foods Incorporated (NYSE:BGS) After Having More Shares Shorted?

November 25, 2016 - By Vivian Park   ·   0 Comments

Short Interest Report: What's Next for B&G Foods Incorporated (NYSE:BGS) After Having More Shares Shorted?

The stock of B&G Foods Incorporated (NYSE:BGS) registered an increase of 4.22% in short interest. BGS’s total short interest was 4.35 million shares in November as published by FINRA. Its up 4.22% from 4.18M shares, reported previously. With 818,100 shares average volume, it will take short sellers 5 days to cover their BGS’s short positions. The short interest to B&G Foods Incorporated’s float is 7.09%. The stock increased 1.17% or $0.5 during the last trading session, hitting $43.25. About 284,814 shares traded hands. B&G Foods, Inc. (NYSE:BGS) has risen 30.93% since April 22, 2016 and is uptrending. It has outperformed by 25.52% the S&P500.

B&G Foods, Inc. is a holding company. The company has a market cap of $2.91 billion. The Firm makes, sells and distributes a diverse portfolio of shelf-stable and frozen food, and household products across the United States, Canada and Puerto Rico. It has a 25 P/E ratio. The Company’s products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato products, puffed corn and rice snacks, nut clusters and other specialty products.

B&G Foods, Inc. (NYSE:BGS) Ratings Coverage

Out of 8 analysts covering B&G Foods (NYSE:BGS), 1 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 13% are positive. B&G Foods has been the topic of 20 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The stock of B&G Foods, Inc. (NYSE:BGS) has “Equal-Weight” rating given on Tuesday, October 20 by Barclays Capital. The stock of B&G Foods, Inc. (NYSE:BGS) has “Sell” rating given on Wednesday, September 2 by Zacks. The stock has “Buy” rating given by Buckingham Research on Friday, April 29. The stock of B&G Foods, Inc. (NYSE:BGS) has “Ver” rating given on Friday, September 4 by Stephens. William Blair maintained B&G Foods, Inc. (NYSE:BGS) on Friday, September 4 with “Outperform” rating. The stock of B&G Foods, Inc. (NYSE:BGS) has “Outperform” rating given on Friday, April 29 by RBC Capital Markets. The firm earned “Outperform” rating on Friday, September 23 by RBC Capital Markets. Zacks upgraded B&G Foods, Inc. (NYSE:BGS) on Thursday, August 27 to “Sell” rating. Zacks upgraded B&G Foods, Inc. (NYSE:BGS) on Saturday, August 15 to “Sell” rating. DA Davidson downgraded the stock to “Neutral” rating in Friday, May 13 report.

BGS Company Profile

B&G Foods, Inc. (B&G Foods), incorporated on November 25, 1996, is a holding company. The Firm makes, sells and distributes a diverse portfolio of shelf-stable and frozen food, and household products across the United States, Canada and Puerto Rico. The Company’s products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato products, puffed corn and rice snacks, nut clusters and other specialty products. The Company’s products are marketed under various brands, including Ac’cent, B&G, B&M, Baker’s Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary’s, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Emeril’s, Grandma’s Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonald’s, Mama Mary’s, Maple Grove Farms of Vermont, Molly McButter, Mrs. Dash, New York Flatbreads, New York Style, Old London, Original Tings, Ortega, Pirate’s Booty, Polaner, Red Devil, Regina, Rickland Orchards, Sa-son, Sclafani, Smart Puffs, Spring Tree, Sugar Twin, Trappey’s, TrueNorth, Underwood, Vermont Maid and Wright’s. It also sells and distributes Static Guard, a household product brand. It sells and distributes its products directly and through a network of brokers and distributors to supermarket chains, food service outlets, mass merchants, warehouse clubs, non-food outlets and specialty distributors.

More notable recent B&G Foods, Inc. (NYSE:BGS) news were published by: Fool.com which released: “Why B&G Foods Inc. Gained 12% Last Month” on July 10, 2016, also Fool.com with their article: “Why B&G Foods, Inc. Stock Soared Today” published on April 29, 2016, Fool.com published: “Why B&G Foods, Inc. Shares Sank” on February 26, 2016. More interesting news about B&G Foods, Inc. (NYSE:BGS) were released by: Businesswire.com and their article: “B&G Foods Completes Acquisition of Spices Business from ACH Food Companies” published on November 21, 2016 as well as Foodbusinessnews.net‘s news article titled: “B&G Foods to acquire ACH Food Companies spices business” with publication date: September 21, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Vivian Park


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>