The Real Good Food Company, Inc. (NASDAQ:RGF) Sees Large Decrease in Short Interest

by · The Cerbat Gem

The Real Good Food Company, Inc. (NASDAQ:RGFGet Free Report) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 592,200 shares, a decline of 66.0% from the September 30th total of 1,740,000 shares. Approximately 3.2% of the shares of the company are short sold. Based on an average daily trading volume, of 458,000 shares, the short-interest ratio is presently 1.3 days.

Real Good Food Stock Performance

RGF stock traded down $0.03 during midday trading on Friday, reaching $0.32. 194,355 shares of the company’s stock traded hands, compared to its average volume of 440,601. The firm has a market capitalization of $10.89 million, a PE ratio of -0.16 and a beta of 0.52. Real Good Food has a 52 week low of $0.21 and a 52 week high of $2.60. The company has a 50-day moving average price of $0.39 and a two-hundred day moving average price of $0.46.

About Real Good Food

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The Real Good Food Company, Inc, through its subsidiary, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients. It offers comfort foods, such as bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread breakfast sandwiches, and various entrée bowls under the Realgood Foods Co brand name, as well as sells private-label products.

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