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

G. Willi-Food International, Ltd. (NASDAQ:WILC) saw a significant 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 daily trading volume, of 2,505 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the company’s stock are sold short.

G. Willi-Food International Stock Performance

NASDAQ:WILC opened at $33.47 on Friday. G. Willi-Food International has a 1 year low of $17.66 and a 1 year high of $37.35. The stock has a market cap of $466.28 million, a P/E ratio of 16.82 and a beta of 1.05. The stock has a 50-day simple moving average of $33.53 and a 200-day simple moving average of $29.88.

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of WILC. JPMorgan Chase & Co. raised its stake 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 in the last quarter. Acadian Asset Management LLC acquired a new position in G. Willi-Food International in the first quarter valued at $50,000. Geode Capital Management LLC acquired a new position in G. Willi-Food International in the fourth quarter valued at $203,000. Noked Israel Ltd purchased a new position in shares of G. Willi-Food International during the fourth quarter worth about $230,000. Finally, Y.D. More Investments Ltd grew its holdings in shares of 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 worth $1,751,000 after purchasing an additional 66,583 shares during the last quarter. Institutional investors and hedge funds 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.