HF Foods Group Inc. (NASDAQ:HFFG) Sees Large Decline in Short Interest

HF Foods Group Inc. (NASDAQ:HFFG) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 277,400 shares, a decline of 5.3% from the December 31st total of 292,900 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 43,300 shares, the days-to-cover ratio is currently 6.4 days.

HF Foods Group Stock Up 0.8 %

Shares of HF Foods Group stock opened at $2.68 on Tuesday. The company has a quick ratio of 0.45, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The firm has a market cap of $141.32 million, a P/E ratio of -89.33 and a beta of 1.48. HF Foods Group has a fifty-two week low of $2.46 and a fifty-two week high of $4.81. The business has a 50-day moving average price of $3.26 and a 200 day moving average price of $3.33.

Institutional Trading of HF Foods Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in shares of HF Foods Group by 30.8% during the second quarter. Dimensional Fund Advisors LP now owns 238,069 shares of the company’s stock valued at $715,000 after purchasing an additional 56,014 shares during the last quarter. Renaissance Technologies LLC lifted its position in HF Foods Group by 7.7% in the second quarter. Renaissance Technologies LLC now owns 70,300 shares of the company’s stock worth $211,000 after purchasing an additional 5,000 shares during the period. SG Americas Securities LLC acquired a new stake in HF Foods Group in the third quarter worth approximately $49,000. State Street Corp lifted 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 valued at $2,723,000 after acquiring an additional 3,155 shares during the last quarter. Finally, Barclays PLC lifted its position 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 valued at $203,000 after acquiring an additional 42,217 shares during the last quarter. 24.02% of the stock is owned by institutional investors.

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.