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

Hamilton Beach Brands Holding (NYSE:HBB) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 284,800 shares, an increase of 8.3% from the December 31st total of 262,900 shares. Currently, 4.7% of the shares of the company are sold short. Based on an average daily trading volume, of 54,600 shares, the short-interest ratio is currently 5.2 days.

Hamilton Beach Brands Stock Performance

NYSE:HBB opened at $16.29 on Tuesday. Hamilton Beach Brands has a fifty-two week low of $14.34 and a fifty-two week high of $31.78. The company has a market cap of $223.13 million, a price-to-earnings ratio of 8.66 and a beta of 0.86. The stock has a fifty day moving average price of $17.61 and a 200-day moving average price of $23.16.

Hamilton Beach Brands Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 2.82%. Hamilton Beach Brands’s dividend payout ratio is presently 24.47%.

Institutional Trading of Hamilton Beach Brands

A number of institutional investors have recently added to or reduced their stakes in HBB. Empowered Funds LLC raised its holdings in Hamilton Beach Brands by 5.0% in the 4th quarter. Empowered Funds LLC now owns 43,740 shares of the company’s stock worth $736,000 after purchasing an additional 2,083 shares during the period. MetLife Investment Management LLC increased its holdings in Hamilton Beach Brands by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 5,074 shares of the company’s stock worth $154,000 after buying an additional 2,859 shares during the period. BNP Paribas Financial Markets increased its holdings in Hamilton Beach Brands by 310.3% in the third quarter. BNP Paribas Financial Markets now owns 7,870 shares of the company’s stock valued at $239,000 after buying an additional 5,952 shares in the last quarter. Barclays PLC lifted its holdings in Hamilton Beach Brands by 79.3% during the third quarter. Barclays PLC now owns 16,112 shares of the company’s stock valued at $491,000 after purchasing an additional 7,125 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Hamilton Beach Brands in the 3rd quarter valued at $219,000. Hedge funds and other institutional investors own 50.55% of the company’s stock.

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.