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

Village Super Market, Inc. (NASDAQ:VLGEA) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 60,500 shares, a decrease of 63.7% from the February 28th total of 166,500 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 31,100 shares, the days-to-cover ratio is currently 1.9 days.

Village Super Market Trading Up 3.4 %

Shares of VLGEA stock opened at $36.00 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.86 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $530.89 million, a price-to-earnings ratio of 10.37 and a beta of 0.30. Village Super Market has a 12-month low of $24.57 and a 12-month high of $36.20. The stock’s 50-day moving average price is $33.40 and its 200-day moving average price is $32.13.

Village Super Market (NASDAQ:VLGEA) last announced 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 company had revenue of $599.65 million for the quarter.

Village Super Market Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, April 3rd. Village Super Market’s dividend payout ratio is 27.47%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in VLGEA. Wilmington Savings Fund Society FSB bought a new stake in Village Super Market during the third quarter worth approximately $54,000. SBI Securities Co. Ltd. purchased a new position in shares of Village Super Market in the 4th quarter worth approximately $78,000. SG Americas Securities LLC bought a new position in shares of Village Super Market during the 4th quarter valued at approximately $118,000. BNP Paribas Financial Markets raised its holdings in Village Super Market by 239.9% during the 4th quarter. BNP Paribas Financial Markets now owns 5,945 shares of the company’s stock valued at $190,000 after buying an additional 4,196 shares during the period. Finally, Deutsche Bank AG raised its holdings in Village Super Market by 129.2% during the 4th quarter. Deutsche Bank AG now owns 6,270 shares of the company’s stock valued at $200,000 after buying an additional 3,534 shares during the period. Institutional investors own 39.02% of the company’s stock.

About Village Super Market

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.