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

HF Foods Group Inc. (NASDAQ:HFFG) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 277,400 shares, a drop of 5.3% from the December 15th total of 292,900 shares. Based on an average daily volume of 43,300 shares, the short-interest ratio is presently 6.4 days. Currently, 0.8% of the shares of the stock are sold short.

Hedge Funds Weigh In On HF Foods Group

Hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in shares of HF Foods Group during the third quarter worth approximately $49,000. Geode Capital Management LLC raised its position in shares of HF Foods Group by 0.4% in the third quarter. Geode Capital Management LLC now owns 922,061 shares of the company’s stock valued at $3,292,000 after buying an additional 3,815 shares during the last quarter. Barclays PLC raised its position in shares of HF Foods Group by 291.8% in the third quarter. Barclays PLC now owns 56,685 shares of the company’s stock valued at $203,000 after buying an additional 42,217 shares during the last quarter. State Street Corp boosted its position in HF Foods Group by 0.4% during the third quarter. State Street Corp now owns 762,836 shares of the company’s stock worth $2,723,000 after acquiring an additional 3,155 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in HF Foods Group by 30.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 238,069 shares of the company’s stock valued at $715,000 after acquiring an additional 56,014 shares in the last quarter. Institutional investors and hedge funds own 24.02% of the company’s stock.

HF Foods Group Stock Down 3.5 %

HFFG stock opened at $2.78 on Tuesday. HF Foods Group has a 52 week low of $2.46 and a 52 week high of $5.91. The company has a quick ratio of 0.45, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The firm has a 50-day simple moving average of $3.41 and a 200-day simple moving average of $3.35. The stock has a market capitalization of $146.59 million, a P/E ratio of -92.67 and a beta of 1.48.

About HF Foods Group

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.