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

HF Foods Group Inc. (NASDAQ:HFFG) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 374,200 shares, a drop of 5.0% from the October 15th total of 394,100 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 40,000 shares, the short-interest ratio is currently 9.4 days.

HF Foods Group Price Performance

HF Foods Group stock opened at $3.37 on Tuesday. HF Foods Group has a 52 week low of $2.46 and a 52 week high of $5.91. The company’s 50 day moving average price is $3.42 and its two-hundred day moving average price is $3.29. The stock has a market cap of $177.73 million, a P/E ratio of -112.33 and a beta of 1.47. The company has a quick ratio of 0.45, a current ratio of 1.18 and a debt-to-equity ratio of 0.43.

Institutional Trading of HF Foods Group

A number of institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its position in HF Foods Group by 30.8% in the second quarter. Dimensional Fund Advisors LP now owns 238,069 shares of the company’s stock worth $715,000 after purchasing an additional 56,014 shares during the last quarter. Barclays PLC raised its stake in shares of HF Foods Group by 291.8% during the 3rd quarter. Barclays PLC now owns 56,685 shares of the company’s stock worth $203,000 after purchasing an additional 42,217 shares during the period. Vanguard Group Inc. raised its stake in shares of HF Foods Group by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 1,859,613 shares of the company’s stock worth $6,509,000 after purchasing an additional 39,438 shares during the period. Hillsdale Investment Management Inc. purchased a new position in shares of HF Foods Group in the 1st quarter worth about $86,000. Finally, SG Americas Securities LLC bought a new position in HF Foods Group during the third quarter valued at about $49,000. 24.02% of the stock is owned by hedge funds and other institutional investors.

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.