J.M. Smucker Co. (SJM) has something relatively rare for a stock with this much short interest, that being insiders taking the other side of the trade. Looking back over the trailing six month period, SJM has seen 2 different instances of insider buying, as summarized by the table below:
|02/21/2014||R. Douglas Cowan||Director||500||$97.94||$48,972.00|
|02/24/2014||Robert B. Heisler Jr.||Director||100||$98.96||$9,896.20|
Below is a chart showing the "days to cover" for SJM over time:
And looking at the chart below, SJM's low point in its 52 week range is $87.10 per share, with $114.72 as the 52 week high point — that compares with a last trade of $96.80. In recent trading, shares of J.M. Smucker Co. (SJM) were changing hands at $96.80/share.