First Wilshire Securities Management Boosted Its Inventure Foods (SNAK) Holding; BAB (BABB) Shorts Decreased By 16.67%

June 7, 2017 - By Vivian Currie

BAB INCORPORATED (OTCMKTS:BABB) had a decrease of 16.67% in short interest. BABB’s SI was 1,500 shares in June as released by FINRA. Its down 16.67% from 1,800 shares previously. With 8,900 avg volume, 0 days are for BAB INCORPORATED (OTCMKTS:BABB)’s short sellers to cover BABB’s short positions. About 1,342 shares traded. BAB, Inc. (OTCMKTS:BABB) has 0.00% since June 7, 2016 and is . It has underperformed by 16.70% the S&P500.

First Wilshire Securities Management Inc increased Inventure Foods Inc (SNAK) stake by 11.81% reported in 2016Q4 SEC filing. First Wilshire Securities Management Inc acquired 57,495 shares as Inventure Foods Inc (SNAK)’s stock declined 31.83%. The First Wilshire Securities Management Inc holds 544,278 shares with $5.36M value, up from 486,783 last quarter. Inventure Foods Inc now has $84.28M valuation. The stock declined 3.37% or $0.15 reaching $4.3 on the news. About 31,541 shares traded. Inventure Foods Inc (NASDAQ:SNAK) has declined 34.17% since June 7, 2016 and is downtrending. It has underperformed by 50.87% the S&P500.

BAB, Inc. franchises and licenses bagel and muffin retail units under the Big Apple Bagels and My Favorite Muffin (MFM) brands. The company has market cap of $5.98 million. The Firm is also engaged in the sale of its bagels, muffins and coffee through nontraditional channels of distribution. It has a 13.19 P/E ratio. The Firm has over 80 franchise units and approximately three licensed units in operation in over 20 states and approximately one international location.

First Wilshire Securities Management Inc decreased Huntsman Corp (NYSE:HUN) stake by 17,302 shares to 496,524 valued at $9.47M in 2016Q4. It also reduced American Wtr Wks Co Inc New (NYSE:AWK) stake by 4,445 shares and now owns 75,035 shares. Innospec Inc (NASDAQ:IOSP) was reduced too.

Investors sentiment increased to 1.55 in Q4 2016. Its up 0.81, from 0.74 in 2016Q3. It is positive, as 8 investors sold SNAK shares while 21 reduced holdings. 15 funds opened positions while 30 raised stakes. 16.71 million shares or 3.35% less from 17.29 million shares in 2016Q3 were reported. King Luther Capital Mngmt owns 2.22 million shares for 0.21% of their portfolio. Bnp Paribas Arbitrage, a New York-based fund reported 341 shares. Jpmorgan Chase reported 23,990 shares stake. Moreover, Ardsley Advisory Prtnrs has 0.24% invested in Inventure Foods Inc (NASDAQ:SNAK) for 150,000 shares. Parametric Portfolio Assoc Ltd has invested 0% in Inventure Foods Inc (NASDAQ:SNAK). Parkwood Ltd Llc owns 12,404 shares. Dimensional Fund Advisors L P, Texas-based fund reported 203,682 shares. American Century Inc, Missouri-based fund reported 376,359 shares. 2,954 are owned by Legal And General Group Public Lc. Thompson Management Inc holds 51,600 shares. Deutsche Fincl Bank Ag holds 11,466 shares. Millrace Asset Group Incorporated has invested 0.51% in Inventure Foods Inc (NASDAQ:SNAK). The New York-based International Gp has invested 0% in Inventure Foods Inc (NASDAQ:SNAK). Creative Planning has invested 0% of its portfolio in Inventure Foods Inc (NASDAQ:SNAK). Alyeska Invest Group Inc Lp accumulated 0.09% or 1.07M shares.

Among 6 analysts covering Inventure Foods (NASDAQ:SNAK), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Inventure Foods had 10 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, February 26 by Wunderlich. Canaccord Genuity maintained the shares of SNAK in report on Tuesday, January 19 with “Buy” rating. TH Capital maintained the stock with “Buy” rating in Friday, November 6 report. The stock has “Buy” rating by Wunderlich on Wednesday, November 18. The stock has “Buy” rating by Canaccord Genuity on Wednesday, August 5. On Friday, January 13 the stock rating was downgraded by DA Davidson to “Neutral”. The rating was upgraded by DA Davidson on Monday, December 14 to “Buy”. DA Davidson downgraded Inventure Foods Inc (NASDAQ:SNAK) on Friday, November 6 to “Neutral” rating. Roth Capital maintained the stock with “Buy” rating in Monday, March 21 report.