Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) Short Interest Down 10.6% in January

Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) saw a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 983,800 shares, a decrease of 10.6% from the January 15th total of 1,100,000 shares. Approximately 11.3% of the shares of the company are short sold. Based on an average daily trading volume, of 96,600 shares, the days-to-cover ratio is currently 10.2 days.

NYSE:NGVC traded down $0.39 during midday trading on Friday, hitting $8.26. The company’s stock had a trading volume of 145,345 shares. Natural Grocers by Vitamin Cottage has a fifty-two week low of $8.19 and a fifty-two week high of $15.10. The firm’s 50 day moving average is $9.74 and its 200-day moving average is $9.60.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings data on Thursday, February 6th. The specialty retailer reported $0.08 EPS for the quarter, meeting the consensus estimate of $0.08. The business had revenue of $230.03 million for the quarter. Equities research analysts predict that Natural Grocers by Vitamin Cottage will post 0.41 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Monday, March 2nd will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend is Friday, February 28th.

A number of large investors have recently bought and sold shares of the business. Nuveen Asset Management LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage during the 2nd quarter valued at about $3,885,000. Renaissance Technologies LLC boosted its stake in shares of Natural Grocers by Vitamin Cottage by 23.7% in the fourth quarter. Renaissance Technologies LLC now owns 584,265 shares of the specialty retailer’s stock worth $5,767,000 after buying an additional 111,950 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Natural Grocers by Vitamin Cottage by 282.4% in the fourth quarter. Bank of New York Mellon Corp now owns 149,780 shares of the specialty retailer’s stock worth $1,478,000 after buying an additional 110,608 shares during the last quarter. Bank of Montreal Can grew its holdings in Natural Grocers by Vitamin Cottage by 1,021.8% during the fourth quarter. Bank of Montreal Can now owns 110,185 shares of the specialty retailer’s stock worth $1,088,000 after acquiring an additional 100,363 shares during the period. Finally, Wedge Capital Management L L P NC grew its holdings in Natural Grocers by Vitamin Cottage by 95.9% during the third quarter. Wedge Capital Management L L P NC now owns 125,352 shares of the specialty retailer’s stock worth $1,252,000 after acquiring an additional 61,376 shares during the period. 34.68% of the stock is currently owned by institutional investors.

About Natural Grocers by Vitamin Cottage

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; bulk food products; private label products; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.

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