Seneca Foods Co. (NASDAQ:SENEA) Short Interest Down 23.3% in December

Seneca Foods Co. (NASDAQ:SENEA) saw a large decrease in short interest in December. As of December 31st, there was short interest totalling 94,900 shares, a decrease of 23.3% from the December 15th total of 123,800 shares. Based on an average daily trading volume, of 18,500 shares, the days-to-cover ratio is presently 5.1 days. Currently, 2.1% of the shares of the company are sold short.

Institutional Trading of Seneca Foods

Several hedge funds have recently modified their holdings of SENEA. Marshall Wace LLP grew its holdings in Seneca Foods by 42.3% during the second quarter. Marshall Wace LLP now owns 46,186 shares of the company’s stock worth $2,651,000 after acquiring an additional 13,725 shares during the period. Jane Street Group LLC increased its holdings in shares of Seneca Foods by 156.7% during the 3rd quarter. Jane Street Group LLC now owns 16,034 shares of the company’s stock worth $999,000 after buying an additional 9,787 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Seneca Foods by 92.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,390 shares of the company’s stock worth $1,271,000 after purchasing an additional 9,783 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Seneca Foods by 199.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 13,421 shares of the company’s stock valued at $837,000 after acquiring an additional 8,938 shares during the period. Finally, Clifford Capital Partners LLC grew its position in Seneca Foods by 160.3% in the 3rd quarter. Clifford Capital Partners LLC now owns 11,002 shares of the company’s stock valued at $686,000 after acquiring an additional 6,776 shares in the last quarter. 42.51% of the stock is owned by hedge funds and other institutional investors.

Seneca Foods Stock Up 0.2 %

SENEA stock traded up $0.17 during trading on Wednesday, hitting $73.03. 9,001 shares of the stock traded hands, compared to its average volume of 14,311. The firm’s 50 day moving average is $73.53 and its two-hundred day moving average is $65.53. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.64 and a quick ratio of 0.33. Seneca Foods has a 1 year low of $43.89 and a 1 year high of $81.39. The stock has a market cap of $503.25 million, a price-to-earnings ratio of 12.53 and a beta of 0.27.

Seneca Foods Company Profile

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and jarred produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby’s, Aunt Nellie’s, Cherryman, Green Valley, and READ.