After Reaching Milestone, Is Ingles Markets Incorporated – Class A (NASDAQ:IMKTA)’s Short Interest Revealing Something?

Ingles Markets, Incorporated (NASDAQ:IMKTA) Logo

Investors sentiment increased to 1.02 in Q2 2019. Its up 0.02, from 1 in 2019Q1. It increased, as 13 investors sold Ingles Markets, Incorporated shares while 40 reduced holdings. 22 funds opened positions while 32 raised stakes. 13.06 million shares or 3.56% more from 12.61 million shares in 2019Q1 were reported.
Jpmorgan Chase And Com holds 0% or 6,244 shares in its portfolio. Teton Advsrs has invested 0.53% in Ingles Markets, Incorporated (NASDAQ:IMKTA). Credit Suisse Ag stated it has 0% of its portfolio in Ingles Markets, Incorporated (NASDAQ:IMKTA). Intrepid Cap has invested 0.52% in Ingles Markets, Incorporated (NASDAQ:IMKTA). Zebra Management Ltd accumulated 9,422 shares or 0.15% of the stock. Deutsche Comml Bank Ag holds 0% or 13,010 shares in its portfolio. Svcs Automobile Association has 19,754 shares. Legal General Grp Public Limited Company has 2,720 shares. Tudor Invest Et Al reported 0.01% of its portfolio in Ingles Markets, Incorporated (NASDAQ:IMKTA). River Road Asset Mgmt Lc stated it has 966,667 shares or 0.59% of all its holdings. Lenox Wealth Mgmt has invested 0% in Ingles Markets, Incorporated (NASDAQ:IMKTA). Blackrock Incorporated has 0% invested in Ingles Markets, Incorporated (NASDAQ:IMKTA). Bnp Paribas Arbitrage Sa invested 0% of its portfolio in Ingles Markets, Incorporated (NASDAQ:IMKTA). Royal State Bank Of Canada holds 21,683 shares. Federated Invsts Pa accumulated 67,314 shares.

The stock of Ingles Markets Incorporated – Class A (NASDAQ:IMKTA) registered an increase of 1.48% in short interest. IMKTA’s total short interest was 1.55 million shares in September as published by FINRA. Its up 1.48% from 1.53M shares, reported previously. With 59,800 shares average volume, it will take short sellers 26 days to cover their IMKTA’s short positions. The short interest to Ingles Markets Incorporated – Class A’s float is 11.02%.

The stock decreased 0.76% or $0.32 during the last trading session, reaching $41.68. About 102,677 shares traded or 26.03% up from the average. Ingles Markets, Incorporated (NASDAQ:IMKTA) has risen 6.89% since September 13, 2018 and is uptrending. It has outperformed by 6.89% the S&P500.

Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. The company has market cap of $844.43 million. The Company’s supermarkets offer various food products, including grocery, meat and dairy products, produce, frozen foods and other perishables, and non-food products; and non-food products, such as fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. It has a 10.69 P/E ratio. The firm modern stores provide home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as various selections of organic, beverage, and health-related items.

More notable recent Ingles Markets, Incorporated (NASDAQ:IMKTA) news were published by: Nasdaq.com which released: “4 High-Flying Stocks With Rising Cash Flows to Buy Now – Nasdaq” on August 19, 2019, also Finance.Yahoo.com with their article: “Hedge Funds Have Never Been More Bullish On ChemoCentryx Inc (CCXI) – Yahoo Finance” published on May 09, 2019, Nasdaq.com published: “Bull of the Day: Amazon (AMZN) – Nasdaq” on July 19, 2019. More interesting news about Ingles Markets, Incorporated (NASDAQ:IMKTA) were released by: Nasdaq.com and their article: “Validea Joseph Piotroski Strategy Daily Upgrade Report – 6/29/2019 – Nasdaq” published on June 29, 2019 as well as Benzinga.com‘s news article titled: “Stocks That Hit 52-Week Highs On Tuesday – Benzinga” with publication date: August 27, 2019.

Ingles Markets, Incorporated (NASDAQ:IMKTA) Institutional Positions Chart

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