G. Willi-Food International, Ltd. (NASDAQ:WILC) Sees Significant Growth in Short Interest

G. Willi-Food International, Ltd. (NASDAQ:WILC) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 2,572 shares, a growth of 165.7% from the July 15th total of 968 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 13,167 shares, the days-to-cover ratio is presently 0.2 days.

G. Willi-Food International Price Performance

Shares of NASDAQ WILC opened at $28.49 on Friday. G. Willi-Food International has a 1 year low of $17.66 and a 1 year high of $37.99. The company’s 50-day moving average is $31.17 and its 200 day moving average is $30.28. The stock has a market capitalization of $396.87 million, a P/E ratio of 15.15 and a beta of 1.09.

G. Willi-Food International (NASDAQ:WILC) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.50 EPS for the quarter. The business had revenue of $53.87 million during the quarter. G. Willi-Food International had a net margin of 12.95% and a return on equity of 12.61%.

G. Willi-Food International Dividend Announcement

The company also recently announced a special dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Tuesday, August 18th will be given a $0.47 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. G. Willi-Food International’s dividend payout ratio is currently 74.47%.

Hedge Funds Weigh In On G. Willi-Food International

Several large investors have recently made changes to their positions in WILC. Y.D. More Investments Ltd raised its stake in G. Willi-Food International by 3,072.6% during the first quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock valued at $1,751,000 after buying an additional 66,583 shares during the last quarter. Noked Israel Ltd bought a new position in G. Willi-Food International during the 4th quarter valued at about $230,000. Geode Capital Management LLC purchased a new stake in G. Willi-Food International in the fourth quarter worth approximately $203,000. JPMorgan Chase & Co. boosted its stake in shares of G. Willi-Food International by 408.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,903 shares of the company’s stock worth $220,000 after buying an additional 8,757 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new position in G. Willi-Food International in the first quarter worth about $50,000. 9.45% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of G. Willi-Food International in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

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.