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

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

HF Foods Group Trading Down 1.2 %

HFFG stock opened at $3.42 on Monday. HF Foods Group has a 12 month low of $2.46 and a 12 month high of $5.91. The firm’s 50-day moving average is $3.41 and its 200 day moving average is $3.28. The company has a market capitalization of $180.37 million, a PE ratio of -114.00 and a beta of 1.47. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 0.45.

Hedge Funds Weigh In On HF Foods Group

Institutional investors have recently modified their holdings of the stock. State Street Corp boosted its holdings in shares of HF Foods Group by 0.4% in the third quarter. State Street Corp now owns 762,836 shares of the company’s stock valued at $2,723,000 after purchasing an additional 3,155 shares during the period. Geode Capital Management LLC lifted its holdings in shares of HF Foods Group by 0.4% in 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 shares of HF Foods Group by 7.7% in 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 during the period. BNP Paribas Financial Markets grew its position in shares of HF Foods Group by 63.0% during the 1st quarter. BNP Paribas Financial Markets now owns 19,344 shares of the company’s stock worth $68,000 after buying an additional 7,477 shares in the last quarter. Finally, Perritt Capital Management Inc increased its stake in shares of HF Foods Group by 40.0% during the second quarter. Perritt Capital Management Inc now owns 35,000 shares of the company’s stock valued at $105,000 after buying an additional 10,000 shares during the period. 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.