Weis Markets, Inc. (NYSE:WMK) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 2,020,000 shares, a decline of 7.3% from the January 15th total of 2,180,000 shares. Based on an average daily volume of 66,200 shares, the short-interest ratio is currently 30.5 days. Approximately 12.4% of the company’s stock are short sold.
WMK opened at $37.43 on Friday. The company has a 50-day moving average of $39.08 and a 200-day moving average of $38.72. The company has a market capitalization of $1.01 billion, a P/E ratio of 16.20 and a beta of 0.06. Weis Markets has a 1-year low of $35.26 and a 1-year high of $53.30. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.81 and a current ratio of 1.73.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 3.31%. The ex-dividend date of this dividend is Friday, February 14th.
Weis Markets Company Profile
Weis Markets, Inc engages in the retail sale of food in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products.
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