Penserra Capital Management LLC Trims Stake in Village Farms International, Inc. (NASDAQ:VFF)

Penserra Capital Management LLC cut its stake in shares of Village Farms International, Inc. (NASDAQ:VFF) by 9.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 594,740 shares of the company’s stock after selling 65,036 shares during the period. Penserra Capital Management LLC’s holdings in Village Farms International were worth $552,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VFF. Renaissance Technologies LLC lifted its position in shares of Village Farms International by 125.9% in the second quarter. Renaissance Technologies LLC now owns 1,374,771 shares of the company’s stock valued at $1,402,000 after acquiring an additional 766,205 shares in the last quarter. Tidal Investments LLC bought a new position in shares of Village Farms International during the first quarter worth $3,145,000. Concurrent Investment Advisors LLC grew its stake in Village Farms International by 73.3% during the second quarter. Concurrent Investment Advisors LLC now owns 111,327 shares of the company’s stock valued at $114,000 after acquiring an additional 47,075 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its holdings in Village Farms International by 3.4% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 637,512 shares of the company’s stock valued at $650,000 after acquiring an additional 20,767 shares during the last quarter. Finally, Virtu Financial LLC increased its holdings in shares of Village Farms International by 182.4% in the first quarter. Virtu Financial LLC now owns 63,184 shares of the company’s stock worth $78,000 after purchasing an additional 40,811 shares during the last quarter. Institutional investors own 12.15% of the company’s stock.

Village Farms International Stock Up 1.9 %

Shares of VFF opened at $0.80 on Thursday. The business’s 50 day simple moving average is $0.87 and its 200-day simple moving average is $1.00. Village Farms International, Inc. has a 1 year low of $0.58 and a 1 year high of $1.62. The stock has a market capitalization of $89.42 million, a price-to-earnings ratio of -1.77 and a beta of 2.21. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.05 and a quick ratio of 1.09.

Insider Buying and Selling at Village Farms International

In other Village Farms International news, CEO Michael A. Degiglio sold 123,891 shares of the business’s stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of $0.99, for a total transaction of $122,652.09. Following the sale, the chief executive officer now directly owns 9,549,348 shares of the company’s stock, valued at $9,453,854.52. The trade was a 1.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold 364,894 shares of company stock worth $365,889 over the last 90 days. 11.50% of the stock is owned by insiders.

Village Farms International Profile

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.