Village Super Market, Inc. (NASDAQ:VLGEA) Short Interest Down 63.7% in March

Village Super Market, Inc. (NASDAQ:VLGEA) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 60,500 shares, a drop of 63.7% from the February 28th total of 166,500 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 31,100 shares, the short-interest ratio is currently 1.9 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC grew its stake in Village Super Market by 262.3% during the 3rd quarter. Barclays PLC now owns 11,434 shares of the company’s stock valued at $363,000 after purchasing an additional 8,278 shares during the last quarter. Victory Capital Management Inc. purchased a new position in Village Super Market during the 3rd quarter worth approximately $798,000. State Street Corp lifted its stake in Village Super Market by 1.1% during the 3rd quarter. State Street Corp now owns 200,112 shares of the company’s stock valued at $6,362,000 after acquiring an additional 2,139 shares during the period. Empowered Funds LLC boosted its holdings in shares of Village Super Market by 5.0% in the 4th quarter. Empowered Funds LLC now owns 59,663 shares of the company’s stock valued at $1,888,000 after acquiring an additional 2,868 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Village Super Market in the 4th quarter valued at $118,000. Hedge funds and other institutional investors own 39.02% of the company’s stock.

Village Super Market Price Performance

Shares of VLGEA opened at $34.80 on Thursday. The stock has a market capitalization of $513.20 million, a PE ratio of 10.03 and a beta of 0.30. Village Super Market has a fifty-two week low of $24.57 and a fifty-two week high of $35.65. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.86 and a current ratio of 1.13. The company has a 50 day moving average price of $33.33 and a 200-day moving average price of $32.11.

Village Super Market (NASDAQ:VLGEA) last released its quarterly earnings results on Tuesday, March 4th. The company reported $1.14 earnings per share for the quarter. Village Super Market had a net margin of 2.29% and a return on equity of 12.15%. The business had revenue of $599.65 million for the quarter.

Village Super Market Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd will be paid a dividend of $0.25 per share. The ex-dividend date is Thursday, April 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.87%. Village Super Market’s payout ratio is 27.47%.

Village Super Market Company Profile

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.