Jabil Inc (NYSE:JBL) on Focus After Report of More Shorts

Jabil Inc. (NYSE:JBL) Logo

Investors sentiment increased to 0.87 in Q2 2019. Its up 0.05, from 0.82 in 2019Q1. It is positive, as 20 investors sold Jabil Inc. shares while 114 reduced holdings. 44 funds opened positions while 72 raised stakes. 132.14 million shares or 7.64% less from 143.07 million shares in 2019Q1 were reported.
Jnba Finance Advsr invested in 0% or 100 shares. Cibc Ww has 0% invested in Jabil Inc. (NYSE:JBL) for 7,016 shares. Greenwich Wealth Mgmt Limited Liability Corporation holds 0.16% of its portfolio in Jabil Inc. (NYSE:JBL) for 28,742 shares. Lord Abbett And Company Ltd Liability Corp accumulated 0% or 21,211 shares. Moreover, Dekabank Deutsche Girozentrale has 0.02% invested in Jabil Inc. (NYSE:JBL) for 153,154 shares. James Research Inc holds 0.02% or 8,090 shares. Glenmede Trust Na stated it has 64 shares. Engineers Gate Manager L P owns 96,214 shares or 0.17% of their US portfolio. 9.54M are held by Texas Yale Cap. Mason Street Limited has invested 0.05% in Jabil Inc. (NYSE:JBL). Assetmark Incorporated stated it has 0% in Jabil Inc. (NYSE:JBL). Alliancebernstein Lp has 0.01% invested in Jabil Inc. (NYSE:JBL) for 320,719 shares. Smith Salley holds 6,453 shares. Envestnet Asset Mngmt owns 106,220 shares. Brandywine Global Invest Management Llc reported 464,532 shares.

The stock of Jabil Inc (NYSE:JBL) registered an increase of 7.69% in short interest. JBL’s total short interest was 4.56 million shares in September as published by FINRA. Its up 7.69% from 4.23M shares, reported previously. With 1.17M shares average volume, it will take short sellers 4 days to cover their JBL’s short positions. The short interest to Jabil Inc’s float is 3.33%.

The stock decreased 1.16% or $0.37 during the last trading session, reaching $31.45. About 1.00 million shares traded. Jabil Inc. (NYSE:JBL) has risen 10.13% since September 13, 2018 and is uptrending. It has outperformed by 10.13% the S&P500.

Jabil Inc. provides electronic manufacturing services and solutions worldwide. The company has market cap of $4.92 billion. The firm operates in two divisions, Electronics Manufacturing Services and Diversified Manufacturing Services. It has a 28.85 P/E ratio. It provides electronics design, production, and product management services.

More notable recent Jabil Inc. (NYSE:JBL) news were published by: Finance.Yahoo.com which released: “Who Has Been Selling Jabil Inc. (NYSE:JBL) Shares? – Yahoo Finance” on June 03, 2019, also Seekingalpha.com with their article: “Jabil +5% after two-notch upgrade – Seeking Alpha” published on August 29, 2019, Bizjournals.com published: “Jabil to invest $42 million at ABQ plant – Albuquerque Business First – Albuquerque Business First” on August 15, 2019. More interesting news about Jabil Inc. (NYSE:JBL) were released by: Businesswire.com and their article: “Jabil Swaps Preferred Stock of iQor – Business Wire” published on September 13, 2019 as well as Bizjournals.com‘s news article titled: “Tampa Bay area stocks take a hit as Treasury note drops below two-year rate – Tampa Bay Business Journal” with publication date: August 15, 2019.

Jabil Inc. (NYSE:JBL) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.