HF Foods Group Inc. (NASDAQ:HFFG) Short Interest Update

by · The Markets Daily

HF Foods Group Inc. (NASDAQ:HFFG – Get Free Report) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 292,900 shares, a drop of 9.5% from the November 30th total of 323,600 shares. Based on an average daily volume of 41,500 shares, the short-interest ratio is presently 7.1 days. Currently, 0.8% of the shares of the company are sold short.

HF Foods Group Stock Performance

HFFG traded up $0.01 during trading on Wednesday, reaching $3.21. The company’s stock had a trading volume of 50,721 shares, compared to its average volume of 50,907. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.45 and a current ratio of 1.18. The company’s fifty day moving average price is $3.52 and its 200-day moving average price is $3.36. HF Foods Group has a 52-week low of $2.46 and a 52-week high of $5.91. The company has a market capitalization of $169.26 million, a price-to-earnings ratio of -107.00 and a beta of 1.43.

Institutional Trading of HF Foods Group

A number of institutional investors have recently modified their holdings of the business. State Street Corp lifted its holdings in HF Foods Group by 0.4% in the third quarter. State Street Corp now owns 762,836 shares of the company’s stock valued at $2,723,000 after acquiring an additional 3,155 shares during the period. Geode Capital Management LLC boosted its holdings in HF Foods Group by 0.4% during the third quarter. Geode Capital Management LLC now owns 922,061 shares of the company’s stock worth $3,292,000 after buying an additional 3,815 shares in the last quarter. Renaissance Technologies LLC grew its position in HF Foods Group by 7.7% during the second quarter. Renaissance Technologies LLC now owns 70,300 shares of the company’s stock worth $211,000 after buying an additional 5,000 shares during the period. Perritt Capital Management Inc increased its holdings in HF Foods Group by 40.0% in the second quarter. Perritt Capital Management Inc now owns 35,000 shares of the company’s stock valued at $105,000 after buying an additional 10,000 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in HF Foods Group by 10.5% in the second quarter. Bank of New York Mellon Corp now owns 119,683 shares of the company’s stock valued at $359,000 after buying an additional 11,372 shares in the last quarter. 24.02% of the stock is currently owned by hedge funds and other institutional investors.

About HF Foods Group

(Get Free Report)

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.

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