Short Interest in G. Willi-Food International, Ltd. (NASDAQ:WILC) Declines By 40.3%

G. Willi-Food International, Ltd. (NASDAQ:WILC) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 991 shares, a decline of 40.3% from the June 15th total of 1,659 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,474 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in G. Willi-Food International by 786.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company’s stock worth $40,000 after acquiring an additional 1,904 shares in the last quarter. Acadian Asset Management LLC bought a new stake in G. Willi-Food International during the 1st quarter worth approximately $50,000. Geode Capital Management LLC purchased a new position in G. Willi-Food International during the fourth quarter valued at approximately $203,000. Noked Israel Ltd purchased a new position in G. Willi-Food International during the fourth quarter valued at approximately $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 purchasing an additional 66,583 shares during the period. 9.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of G. Willi-Food International in a research note on Friday, June 26th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, G. Willi-Food International currently has an average rating of “Hold”.

G. Willi-Food International Stock Performance

Shares of WILC stock traded up $0.29 during mid-day trading on Friday, reaching $30.79. 2,064 shares of the company’s stock traded hands, compared to its average volume of 2,466. G. Willi-Food International has a 12 month low of $17.66 and a 12 month high of $37.99. The firm has a 50 day moving average price of $33.87 and a two-hundred day moving average price of $30.34. The firm has a market capitalization of $428.90 million, a PE ratio of 15.47 and a beta of 1.07.

G. Willi-Food International (NASDAQ:WILC) last announced its earnings results on Tuesday, May 26th. The company reported $0.46 EPS for the quarter. G. Willi-Food International had a return on equity of 14.12% and a net margin of 14.51%.The company had revenue of $49.70 million for the quarter.

G. Willi-Food International Company Profile

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.