Short Interest in National Presto Industries Inc. (NYSE:NPK) Decreases By 5.0%

Share on StockTwits

National Presto Industries Inc. (NYSE:NPK) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 238,500 shares, a drop of 5.0% from the April 30th total of 251,100 shares. Currently, 4.7% of the company’s stock are sold short. Based on an average daily volume of 61,400 shares, the days-to-cover ratio is currently 3.9 days.

Separately, ValuEngine downgraded shares of National Presto Industries from a “buy” rating to a “hold” rating in a report on Friday, February 28th.

Shares of NPK opened at $83.68 on Friday. National Presto Industries has a one year low of $66.60 and a one year high of $102.26. The company has a current ratio of 8.60, a quick ratio of 5.33 and a debt-to-equity ratio of 0.01. The company’s fifty day moving average price is $82.59 and its 200 day moving average price is $85.34.

National Presto Industries (NYSE:NPK) last announced its earnings results on Tuesday, March 10th. The conglomerate reported $1.67 EPS for the quarter. The firm had revenue of $94.91 million for the quarter. National Presto Industries had a net margin of 14.34% and a return on equity of 12.08%.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Royce & Associates LP raised its holdings in National Presto Industries by 0.9% in the 4th quarter. Royce & Associates LP now owns 508,168 shares of the conglomerate’s stock worth $44,917,000 after acquiring an additional 4,693 shares during the period. State Street Corp increased its holdings in shares of National Presto Industries by 14.4% during the 3rd quarter. State Street Corp now owns 469,459 shares of the conglomerate’s stock worth $41,824,000 after purchasing an additional 59,224 shares during the period. Renaissance Technologies LLC increased its holdings in shares of National Presto Industries by 12.4% during the 4th quarter. Renaissance Technologies LLC now owns 156,900 shares of the conglomerate’s stock worth $13,868,000 after purchasing an additional 17,300 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of National Presto Industries by 31.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 92,929 shares of the conglomerate’s stock worth $8,214,000 after purchasing an additional 22,441 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC increased its holdings in shares of National Presto Industries by 29.5% during the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 80,565 shares of the conglomerate’s stock worth $7,121,000 after purchasing an additional 18,350 shares during the period. Hedge funds and other institutional investors own 66.91% of the company’s stock.

About National Presto Industries

National Presto Industries Inc provides housewares and small appliances, and defense products primarily in North America. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers.

Further Reading: How Do I Invest in Dividend Stocks

Receive News & Ratings for National Presto Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Presto Industries and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

SYSCO  Raised to “Overweight” at Piper Sandler
SYSCO Raised to “Overweight” at Piper Sandler
Ulta Beauty  Upgraded by Piper Sandler to “Overweight”
Ulta Beauty Upgraded by Piper Sandler to “Overweight”
Acadian Asset Management LLC Cuts Position in Hasbro, Inc.
Acadian Asset Management LLC Cuts Position in Hasbro, Inc.
State Street Corp Buys 46,161 Shares of PNM Resources Inc
State Street Corp Buys 46,161 Shares of PNM Resources Inc
State Street Corp Boosts Stock Position in Healthequity Inc
State Street Corp Boosts Stock Position in Healthequity Inc
Mutual of America Capital Management LLC Has $1.48 Million Holdings in Broadridge Financial Solutions, Inc.
Mutual of America Capital Management LLC Has $1.48 Million Holdings in Broadridge Financial Solutions, Inc.


© 2006-2020 Ticker Report