Short Interest in Village Super Market, Inc. (NASDAQ:VLGEA) Declines By 13.1%

Village Super Market, Inc. (NASDAQ:VLGEA) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 173,145 shares, a drop of 13.1% from the December 31st total of 199,186 shares. Based on an average trading volume of 40,626 shares, the short-interest ratio is currently 4.3 days. Approximately 2.9% of the shares of the company are sold short. Approximately 2.9% of the shares of the company are sold short. Based on an average trading volume of 40,626 shares, the short-interest ratio is currently 4.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Village Super Market in a research note on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Village Super Market currently has a consensus rating of “Buy”.

Village Super Market Price Performance

Shares of NASDAQ:VLGEA opened at $37.92 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.88. Village Super Market has a 1-year low of $30.08 and a 1-year high of $40.15. The company has a market capitalization of $559.32 million, a P/E ratio of 10.11 and a beta of 0.52. The firm’s 50 day simple moving average is $35.77 and its two-hundred day simple moving average is $35.33.

Village Super Market Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 22nd. Shareholders of record on Thursday, January 1st were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 2.6%. Village Super Market’s dividend payout ratio (DPR) is currently 26.67%.

Hedge Funds Weigh In On Village Super Market

Hedge funds have recently made changes to their positions in the business. Ameritas Investment Partners Inc. raised its stake in Village Super Market by 45.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 934 shares of the company’s stock valued at $36,000 after purchasing an additional 294 shares during the period. Franklin Resources Inc. boosted its stake in Village Super Market by 4.7% in the 3rd quarter. Franklin Resources Inc. now owns 7,192 shares of the company’s stock worth $269,000 after purchasing an additional 324 shares during the period. CWM LLC grew its holdings in Village Super Market by 41.5% during the 2nd quarter. CWM LLC now owns 1,586 shares of the company’s stock valued at $61,000 after buying an additional 465 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Village Super Market by 121.9% during the fourth quarter. Farther Finance Advisors LLC now owns 932 shares of the company’s stock valued at $33,000 after buying an additional 512 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of Village Super Market by 6.6% during the second quarter. Russell Investments Group Ltd. now owns 8,896 shares of the company’s stock valued at $342,000 after buying an additional 547 shares during the last quarter. Institutional investors own 39.02% of the company’s stock.

About Village Super Market

Village Super Market, Inc is a publicly traded supermarket operator headquartered in Springfield, New Jersey. The company operates a network of ShopRite-branded grocery stores under a membership agreement with Wakefern Food Corp., one of the largest retailer-owned cooperatives in the United States. Through its ShopRite banner, Village Super Market serves communities across northern and central New Jersey, offering a full range of grocery products from fresh produce, meat, seafood and bakery items to dairy, deli and health and beauty merchandise.

The company’s supermarkets feature an array of in-store services designed to meet diverse customer needs.