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 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. Approximately 0.8% of the company’s shares are sold short. Based on an average daily volume of 41,500 shares, the days-to-cover ratio is presently 7.1 days.

HF Foods Group Trading Up 0.3 %

HFFG stock traded up $0.01 during midday trading on Wednesday, hitting $3.21. The stock had a trading volume of 50,721 shares, compared to its average volume of 50,907. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43. The firm has a market cap of $169.26 million, a P/E ratio of -107.00 and a beta of 1.43. The business has a fifty day moving average price of $3.51 and a two-hundred day moving average price of $3.36. HF Foods Group has a 1-year low of $2.46 and a 1-year high of $5.91.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. grew its stake in HF Foods Group by 110.8% during the third quarter. JPMorgan Chase & Co. now owns 75,185 shares of the company’s stock worth $268,000 after purchasing an additional 39,517 shares during the period. Barclays PLC boosted its holdings 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 buying an additional 42,217 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of HF Foods Group by 0.4% during the 3rd 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. State Street Corp grew its position in shares of HF Foods Group by 0.4% during the 3rd quarter. State Street Corp now owns 762,836 shares of the company’s stock worth $2,723,000 after buying an additional 3,155 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of HF Foods Group in the 3rd quarter valued at $49,000. 24.02% of the stock is owned by 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.