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 in 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 stock are short sold. Based on an average daily volume of 54,600 shares, the short-interest ratio is presently 5.2 days.

Hamilton Beach Brands Trading Down 4.8 %

Hamilton Beach Brands stock opened at $16.29 on Tuesday. The company has a market capitalization of $223.13 million, a PE ratio of 8.66 and a beta of 0.86. The stock has a 50-day moving average price of $17.61 and a two-hundred day moving average price of $23.16. Hamilton Beach Brands has a 12 month low of $14.34 and a 12 month high of $31.78.

Hamilton Beach Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend was Monday, December 2nd. Hamilton Beach Brands’s payout ratio is currently 24.47%.

Institutional Trading of Hamilton Beach Brands

Several institutional investors have recently modified their holdings of HBB. Dimensional Fund Advisors LP raised its holdings in Hamilton Beach Brands by 5.7% during the 2nd 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 last quarter. Ritholtz Wealth Management raised its stake in Hamilton Beach Brands by 32.2% during the third quarter. Ritholtz Wealth Management now owns 54,321 shares of the company’s stock worth $1,653,000 after buying an additional 13,233 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Hamilton Beach Brands by 24.9% during the third quarter. Janney Montgomery Scott LLC now owns 52,296 shares of the company’s stock worth $1,591,000 after buying an additional 10,439 shares during the last quarter. Empowered Funds LLC lifted its holdings in Hamilton Beach Brands by 5.0% in the fourth quarter. Empowered Funds LLC now owns 43,740 shares of the company’s stock valued at $736,000 after buying an additional 2,083 shares during the period. Finally, Renaissance Technologies LLC boosted its position in Hamilton Beach Brands by 79.0% during the second quarter. Renaissance Technologies LLC now owns 34,007 shares of the company’s stock valued at $585,000 after acquiring an additional 15,007 shares during the last quarter. 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.