Short Interest in G. Willi-Food International, Ltd. (NASDAQ:WILC) Drops By 86.0%

G. Willi-Food International, Ltd. (NASDAQ:WILC) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 1,659 shares, a drop of 86.0% from the May 31st total of 11,831 shares. Based on an average trading volume of 2,505 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.

G. Willi-Food International Stock Up 5.0%

Shares of WILC stock opened at $33.40 on Friday. G. Willi-Food International has a twelve month low of $17.66 and a twelve month high of $37.35. The stock’s fifty day simple moving average is $33.63 and its 200 day simple moving average is $29.90. The firm has a market capitalization of $465.32 million, a P/E ratio of 16.79 and a beta of 1.05.

G. Willi-Food International (NASDAQ:WILC) last posted 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 firm had revenue of $49.70 million during the quarter.

Institutional Investors Weigh In On G. Willi-Food International

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its holdings in G. Willi-Food International by 786.8% during 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 during the last quarter. Acadian Asset Management LLC bought a new position in shares of G. Willi-Food International during the first quarter valued at $50,000. Geode Capital Management LLC acquired a new position in shares of G. Willi-Food International during the fourth quarter worth $203,000. Noked Israel Ltd acquired a new position in shares of G. Willi-Food International during the fourth quarter worth $230,000. Finally, Y.D. More Investments Ltd grew its stake 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 last quarter. 9.45% of the stock is currently owned by institutional investors and hedge funds.

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.