HF Foods Group Inc. (NASDAQ:HFFG) Short Interest Down 5.3% in December

HF Foods Group Inc. (NASDAQ:HFFG) was the target of a significant drop in short interest in the month of 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. Currently, 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 43,300 shares, the short-interest ratio is currently 6.4 days.

HF Foods Group Trading Down 3.5 %

Shares of NASDAQ HFFG opened at $2.78 on Monday. The stock has a fifty day simple moving average of $3.41 and a 200-day simple moving average of $3.35. HF Foods Group has a twelve month low of $2.46 and a twelve month high of $5.91. 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 stock has a market capitalization of $146.59 million, a PE ratio of -92.67 and a beta of 1.48.

Hedge Funds Weigh In On HF Foods Group

Several institutional investors have recently bought and sold shares of the company. State Street Corp lifted its position in shares of 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 purchasing an additional 3,155 shares in the last quarter. Geode Capital Management LLC increased its stake in 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 during the period. Renaissance Technologies LLC lifted its holdings in HF Foods Group by 7.7% during the 2nd quarter. Renaissance Technologies LLC now owns 70,300 shares of the company’s stock worth $211,000 after buying an additional 5,000 shares in the last quarter. SG Americas Securities LLC boosted its position in HF Foods Group by 41.4% in the 4th quarter. SG Americas Securities LLC now owns 19,418 shares of the company’s stock valued at $62,000 after buying an additional 5,686 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of 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 worth $359,000 after acquiring an additional 11,372 shares in the last quarter. 24.02% of the stock is owned by institutional investors and hedge funds.

HF Foods Group Company Profile

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.