The Real Good Food Company, Inc. (NASDAQ:RGF) Short Interest Update

The Real Good Food Company, Inc. (NASDAQ:RGF) saw a large decline in short interest in June. As of June 15th, there was short interest totalling 243,000 shares, a decline of 12.8% from the May 31st total of 278,700 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily volume of 631,800 shares, the short-interest ratio is presently 0.4 days.

Real Good Food Trading Up 5.2 %

Shares of NASDAQ RGF traded up $0.03 during mid-day trading on Monday, reaching $0.53. 36,299 shares of the company’s stock were exchanged, compared to its average volume of 479,944. Real Good Food has a twelve month low of $0.21 and a twelve month high of $5.21. The firm has a market capitalization of $17.72 million, a price-to-earnings ratio of -0.24 and a beta of 0.54. The business has a fifty day simple moving average of $0.53 and a 200 day simple moving average of $0.84.

Hedge Funds Weigh In On Real Good Food

A number of large investors have recently added to or reduced their stakes in RGF. SFE Investment Counsel bought a new position in Real Good Food in the fourth quarter valued at $36,000. Pinnacle Associates Ltd. bought a new position in shares of Real Good Food in the 4th quarter valued at about $39,000. Private Advisor Group LLC increased its position in shares of Real Good Food by 69.6% in the fourth quarter. Private Advisor Group LLC now owns 152,780 shares of the company’s stock valued at $232,000 after acquiring an additional 62,680 shares during the last quarter. First Eagle Investment Management LLC raised its holdings in Real Good Food by 19.2% during the fourth quarter. First Eagle Investment Management LLC now owns 387,734 shares of the company’s stock worth $589,000 after acquiring an additional 62,500 shares in the last quarter. Finally, Taylor Frigon Capital Management LLC boosted its position in Real Good Food by 50.3% during the fourth quarter. Taylor Frigon Capital Management LLC now owns 796,372 shares of the company’s stock valued at $1,210,000 after purchasing an additional 266,560 shares during the last quarter. Institutional investors own 55.55% of the company’s stock.

Analysts Set New Price Targets

Separately, B. Riley cut Real Good Food from a “buy” rating to a “neutral” rating in a report on Wednesday, March 20th.

Real Good Food Company Profile

The Real Good Food Company, Inc, through its subsidiary, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients. It offers comfort foods, such as bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread breakfast sandwiches, and various entrée bowls under the Realgood Foods Co brand name, as well as sells private-label products.