Johnson Outdoors Inc. (NASDAQ:JOUT) Short Interest Update

Johnson Outdoors Inc. (NASDAQ:JOUT) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 481,800 shares, a growth of 8.7% from the November 30th total of 443,100 shares. Based on an average daily trading volume, of 41,100 shares, the days-to-cover ratio is presently 11.7 days. Approximately 5.8% of the shares of the stock are short sold.

Institutional Investors Weigh In On Johnson Outdoors

Institutional investors have recently made changes to their positions in the stock. nVerses Capital LLC grew its stake in Johnson Outdoors by 100.0% during the 3rd quarter. nVerses Capital LLC now owns 800 shares of the company’s stock worth $29,000 after purchasing an additional 400 shares in the last quarter. FMR LLC increased its position in Johnson Outdoors by 94.0% in the 3rd quarter. FMR LLC now owns 1,335 shares of the company’s stock valued at $48,000 after acquiring an additional 647 shares during the period. Public Employees Retirement System of Ohio raised its stake in shares of Johnson Outdoors by 143.4% during the third quarter. Public Employees Retirement System of Ohio now owns 4,959 shares of the company’s stock worth $180,000 after purchasing an additional 2,922 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Johnson Outdoors in the 2nd quarter worth $238,000. Finally, Barclays PLC boosted its holdings in Johnson Outdoors by 182.9% in the 3rd quarter. Barclays PLC now owns 6,575 shares of the company’s stock valued at $238,000 after purchasing an additional 4,251 shares in the last quarter. 64.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Outdoors Trading Down 0.0 %

NASDAQ:JOUT opened at $33.00 on Wednesday. The company has a market cap of $339.83 million, a P/E ratio of -12.69, a P/E/G ratio of 1.89 and a beta of 0.71. The company’s 50-day moving average price is $33.92 and its 200-day moving average price is $35.30. Johnson Outdoors has a twelve month low of $29.98 and a twelve month high of $53.86.

Johnson Outdoors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Thursday, January 9th will be paid a dividend of $0.33 per share. The ex-dividend date is Thursday, January 9th. This represents a $1.32 annualized dividend and a yield of 4.00%. Johnson Outdoors’s dividend payout ratio (DPR) is -50.77%.

Johnson Outdoors Company Profile

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.