Short Interest in HF Foods Group Inc. (NASDAQ:HFFG) Decreases By 5.3%

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 short sold. Based on an average daily volume of 43,300 shares, the days-to-cover ratio is presently 6.4 days.

Institutional Investors Weigh In On HF Foods Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HFFG. Geode Capital Management LLC raised its stake in shares of HF Foods Group by 0.4% during the third quarter. Geode Capital Management LLC now owns 922,061 shares of the company’s stock worth $3,292,000 after purchasing an additional 3,815 shares during the last quarter. State Street Corp lifted its position 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 acquiring an additional 3,155 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of HF Foods Group by 30.8% in the second quarter. Dimensional Fund Advisors LP now owns 238,069 shares of the company’s stock valued at $715,000 after acquiring an additional 56,014 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of HF Foods Group by 110.8% in the third quarter. JPMorgan Chase & Co. now owns 75,185 shares of the company’s stock valued at $268,000 after acquiring an additional 39,517 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its position in HF Foods Group by 7.7% during the second 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. Hedge funds and other institutional investors own 24.02% of the company’s stock.

HF Foods Group Stock Up 0.8 %

HFFG stock traded up $0.02 during trading on Monday, hitting $2.68. 39,424 shares of the company’s stock were exchanged, compared to its average volume of 41,220. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43. HF Foods Group has a 52-week low of $2.46 and a 52-week high of $4.81. The business has a 50-day moving average price of $3.26 and a two-hundred day moving average price of $3.33. The stock has a market capitalization of $141.32 million, a price-to-earnings ratio of -89.33 and a beta of 1.46.

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.