Is Weis Markets Inc (NYSE:WMK)’s Fuel Running Low? Reports Show More Sellers

July 16, 2018 - By Victoria Pittman

Investors sentiment increased to 1.31 in 2018 Q1. Its up 0.11, from 1.2 in 2017Q4. It increased, as 10 investors sold Weis Markets, Inc. shares while 29 reduced holdings. 18 funds opened positions while 33 raised stakes. 9.21 million shares or 7.78% more from 8.55 million shares in 2017Q4 were reported.
Bancshares Of Montreal Can has 2,050 shares for 0% of their portfolio. Bluemountain Cap Ltd Liability Corp has 7,071 shares. Aviance Cap Prtn Limited Liability Com holds 24,118 shares. Credit Suisse Ag has 0% invested in Weis Markets, Inc. (NYSE:WMK) for 10,764 shares. Prelude Capital Mngmt Limited Liability Corporation has invested 0% in Weis Markets, Inc. (NYSE:WMK). Martin And Tn invested in 39,822 shares. Clearbridge Invests Lc reported 0% stake. Zebra Mgmt Limited Liability Corporation stated it has 24,607 shares. Alliancebernstein Lp holds 5,351 shares or 0% of its portfolio. Axa invested in 21,200 shares. Voya Invest Mgmt Ltd Company holds 0% or 5,174 shares. Victory Cap holds 16,464 shares. Loomis Sayles Lp reported 485 shares. Citadel Limited Liability Co stated it has 38,344 shares or 0% of all its holdings. Moreover, Ameritas Invest Partners has 0% invested in Weis Markets, Inc. (NYSE:WMK).

The stock of Weis Markets Inc (NYSE:WMK) registered an increase of 5.54% in short interest. WMK’s total short interest was 1.30M shares in July as published by FINRA. Its up 5.54% from 1.23 million shares, reported previously. With 68,000 shares average volume, it will take short sellers 19 days to cover their WMK’s short positions. The short interest to Weis Markets Inc’s float is 8.28%.

The stock decreased 0.65% or $0.34 during the last trading session, reaching $51.73. About 24,187 shares traded. Weis Markets, Inc. (NYSE:WMK) has declined 1.33% since July 16, 2017 and is downtrending. It has underperformed by 13.90% the S&P500.

Weis Markets, Inc. engages in the retail sale of food in Pennsylvania and surrounding states. The company has market cap of $1.39 billion. 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. It has a 13.54 P/E ratio. It operates stores primarily under the Weis Markets trade name, as well as trademarks for its product lines and promotions, such as Weis, Weis 2 Go, Weis Wonder Chicken, Price Freeze, Weis Gas-n-Go, and Weis Nutri-Facts.

Weis Markets, Inc. (NYSE:WMK) Institutional Positions Chart

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