Short Interest in G. Willi-Food International, Ltd. (NASDAQ:WILC) Expands By 194.7%
by Danessa Lincoln · The Markets DailyG. Willi-Food International, Ltd. (NASDAQ:WILC – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 11,831 shares, a growth of 194.7% from the May 14th total of 4,014 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 3,483 shares, the days-to-cover ratio is presently 3.4 days.
G. Willi-Food International Trading Down 3.2%
WILC stock opened at $33.40 on Friday. The stock has a 50-day moving average price of $32.27 and a two-hundred day moving average price of $29.33. G. Willi-Food International has a 12-month low of $15.20 and a 12-month high of $37.35. The company has a market cap of $465.26 million, a PE ratio of 16.78 and a beta of 1.05.
G. Willi-Food International (NASDAQ:WILC – Get Free Report) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $0.46 earnings per share (EPS) for the quarter. G. Willi-Food International had a return on equity of 14.12% and a net margin of 14.51%.The firm had revenue of $49.70 million during the quarter.
G. Willi-Food International Dividend Announcement
The company also recently declared a special dividend, which was paid on Wednesday, April 29th. Shareholders of record on Monday, April 13th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Monday, April 13th. G. Willi-Food International’s payout ratio is 46.73%.
Institutional Investors Weigh In On G. Willi-Food International
A number of institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in G. Willi-Food International by 786.8% during the second quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company’s stock valued at $40,000 after acquiring an additional 1,904 shares during the period. Acadian Asset Management LLC purchased a new stake in G. Willi-Food International during the first quarter valued at about $50,000. Geode Capital Management LLC purchased a new stake in G. Willi-Food International during the fourth quarter valued at about $203,000. Noked Israel Ltd purchased a new stake in G. Willi-Food International during the fourth quarter valued at about $230,000. Finally, Y.D. More Investments Ltd boosted its position in shares of G. Willi-Food International by 3,072.6% in the first quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock worth $1,751,000 after buying an additional 66,583 shares during the period. Hedge funds and other institutional investors own 9.45% of the company’s stock.
About G. Willi-Food International
G. Willi-Food International, Inc is a specialty food manufacturer based in Porterville, California, that develops, produces and distributes a variety of seasoned and roasted nut products, trail mixes and snack foods. The company serves both retail and foodservice channels through branded and private-label offerings, catering to grocery chains, club stores, convenience outlets, airlines, hotels, universities and restaurants throughout North America.
Founded in 1977, G. Willi-Food has expanded from a single roasting line to multiple production facilities in California, supported by satellite distribution centers to ensure efficient delivery and inventory management.