Short Interest Change: Is Buying John B. Sanfilippo & Son Incorporated (NASDAQ:JBSS), Having Lower Short Interest a Winning Strategy?

November 28, 2016 - By Richard Conner   ·   0 Comments

Short Interest Change: Is Buying John B. Sanfilippo & Son Incorporated (NASDAQ:JBSS), Having Lower Short Interest a Winning Strategy?

The stock of John B. Sanfilippo & Son Incorporated (NASDAQ:JBSS) registered a decrease of 1.61% in short interest. JBSS’s total short interest was 1.39M shares in November as published by FINRA. Its down 1.61% from 1.42 million shares, reported previously. With 120,000 shares average volume, it will take short sellers 12 days to cover their JBSS’s short positions. The short interest to John B. Sanfilippo & Son Incorporated’s float is 16.61%. About 15,904 shares traded hands. John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) has risen 10.63% since April 25, 2016 and is uptrending. It has outperformed by 4.62% the S&P500.

John B. Sanfilippo & Son, Inc. is a processor and distributor of peanuts, pecans, cashews, walnuts, almonds and other nuts. The company has a market cap of $734.93 million. The Firm offers nuts under a range of private brands and under the Fisher, Orchard Valley Harvest, Fisher Nut Exactly and Sunshine Country brand names. It has a 22.51 P/E ratio. The Firm also markets and distributes a diverse product line of food and snack products, including snack mixes, salad toppings, snacks, snack bites, trail mixes, dried fruit, and chocolate and yogurt coated products under private brands and brand names.

Insitutional Activity: The institutional sentiment increased to 1.26 in Q2 2016. Its up 0.10, from 1.16 in 2016Q1. The ratio is positive, as 31 funds sold all John B. Sanfilippo & Son, Inc. shares owned while 38 reduced positions. 28 funds bought stakes while 52 increased positions. They now own 7.88 million shares or 11.05% more from 7.09 million shares in 2016Q1.
Virginia Retirement Et Al reported 14,300 shares or 0.01% of all its holdings. Ameriprise Fincl Inc accumulated 0% or 45,119 shares. The New York-based New York State Teachers Retirement has invested 0% in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS). Citigroup reported 3,358 shares or 0% of all its holdings. Blackrock Advsr Limited Liability Company holds 0% of its portfolio in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) for 4,208 shares. Tiaa Cref Investment Limited Liability Company last reported 72,420 shares in the company. Springbok Management Limited last reported 0.02% of its portfolio in the stock. Tower Rech Capital Ltd Company (Trc) reported 576 shares or 0% of all its holdings. Advisory Services Ntwk Ltd Liability Corporation accumulated 165 shares or 0% of the stock. Ftb Advisors accumulated 226 shares or 0% of the stock. Retail Bank Of Montreal Can accumulated 1,500 shares or 0% of the stock. Cornercap Counsel Incorporated holds 0.09% or 11,500 shares in its portfolio. Numeric Limited Liability Company has invested 0.08% of its portfolio in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS). Management Corporation Va last reported 99,500 shares in the company. Blackrock has invested 0% of its portfolio in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS).

Insider Transactions: Since November 7, 2016, the stock had 0 insider purchases, and 1 sale for $314,660 net activity. Brandeisky Howard also sold $314,660 worth of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) on Monday, November 7.

JBSS Company Profile

John B. Sanfilippo & Son, Inc., incorporated on August 30, 1979, is a processor and distributor of peanuts, pecans, cashews, walnuts, almonds and other nuts. The Firm offers nuts under a range of private brands and under the Fisher, Orchard Valley Harvest, Fisher Nut Exactly and Sunshine Country brand names. The Firm also markets and distributes a diverse product line of food and snack products, under private brands and brand names.

More important recent John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) news were published by: Marketwatch.com which released: “John B. Sanfilippo & Son Inc.” on August 29, 2009, also Businesswire.com published article titled: “John B. Sanfilippo & Son, Inc. First Quarter Diluted EPS Increased by 25.4% to …”, Reuters.com published: “BRIEF-John B Sanfilippo & Son Q1 sales fell 1.5 pct to $222.3 mln” on October 31, 2016. More interesting news about John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) was released by: Nasdaq.com and their article: “John B. Sanfilippo & Son, Inc. (JBSS) Ex-Dividend Date Scheduled for July 19, 2016” with publication date: July 18, 2016.

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By Richard Conner


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