Hamilton Beach Brands Holding (NYSE:HBB) Short Interest Up 8.3% in December

Hamilton Beach Brands Holding (NYSE:HBB) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 284,800 shares, an increase of 8.3% from the December 15th total of 262,900 shares. Based on an average trading volume of 54,600 shares, the days-to-cover ratio is presently 5.2 days. Approximately 4.7% of the company’s stock are sold short.

Institutional Trading of Hamilton Beach Brands

Institutional investors have recently bought and sold shares of the stock. American Century Companies Inc. raised its holdings in shares of Hamilton Beach Brands by 101.9% in the second quarter. American Century Companies Inc. now owns 118,355 shares of the company’s stock valued at $2,035,000 after buying an additional 59,726 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Hamilton Beach Brands by 5.7% during the second quarter. Dimensional Fund Advisors LP now owns 365,369 shares of the company’s stock worth $6,280,000 after purchasing an additional 19,555 shares during the period. Renaissance Technologies LLC lifted its stake in Hamilton Beach Brands by 79.0% in the second quarter. Renaissance Technologies LLC now owns 34,007 shares of the company’s stock valued at $585,000 after buying an additional 15,007 shares during the period. XTX Topco Ltd acquired a new position in Hamilton Beach Brands in the second quarter valued at about $178,000. Finally, Sei Investments Co. acquired a new position in shares of Hamilton Beach Brands during the 2nd quarter worth about $181,000. Institutional investors and hedge funds own 50.55% of the company’s stock.

Hamilton Beach Brands Stock Performance

Shares of NYSE:HBB traded down $0.02 during trading hours on Monday, hitting $17.48. The stock had a trading volume of 66,490 shares, compared to its average volume of 45,965. The stock’s fifty day simple moving average is $18.05 and its 200 day simple moving average is $23.16. The firm has a market capitalization of $239.48 million, a price-to-earnings ratio of 9.30 and a beta of 0.87. Hamilton Beach Brands has a 1-year low of $14.34 and a 1-year high of $31.78.

Hamilton Beach Brands (NYSE:HBB) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $156.67 million for the quarter. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%.

Hamilton Beach Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were issued a $0.115 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.46 annualized dividend and a yield of 2.63%. Hamilton Beach Brands’s dividend payout ratio (DPR) is presently 24.47%.

Hamilton Beach Brands Company Profile

Hamilton Beach Brands Holding Company, together with its subsidiaries, designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally. It offers air fryers, blenders, coffee makers, food processors, indoor electric grills, irons, juicers, mixers, slow cookers, toasters, and toaster ovens.