Short Interest in HF Foods Group Inc. (NASDAQ:HFFG) Decreases By 8.8%

HF Foods Group Inc. (NASDAQ:HFFG) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 260,000 shares, a decline of 8.8% from the January 15th total of 285,200 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 45,800 shares, the short-interest ratio is currently 5.7 days.

HF Foods Group Stock Performance

Shares of NASDAQ HFFG traded down $0.07 during mid-day trading on Monday, hitting $2.48. 33,880 shares of the company were exchanged, compared to its average volume of 36,728. 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 $130.77 million, a price-to-earnings ratio of -82.67 and a beta of 1.46. The stock has a 50 day simple moving average of $3.05 and a 200-day simple moving average of $3.27. HF Foods Group has a 1-year low of $2.44 and a 1-year high of $4.17.

Institutional Trading of HF Foods Group

Several hedge funds have recently made changes to their positions in HFFG. ProShare Advisors LLC acquired a new stake in shares of HF Foods Group in the 4th quarter valued at approximately $36,000. Bank of America Corp DE lifted its stake in shares of HF Foods Group by 84.0% in the fourth quarter. Bank of America Corp DE now owns 48,807 shares of the company’s stock valued at $157,000 after purchasing an additional 22,280 shares during the period. Northern Trust Corp boosted its holdings in HF Foods Group by 4.7% during the fourth quarter. Northern Trust Corp now owns 320,658 shares of the company’s stock worth $1,029,000 after buying an additional 14,275 shares in the last quarter. MetLife Investment Management LLC grew its position in HF Foods Group by 458.0% during the fourth quarter. MetLife Investment Management LLC now owns 23,381 shares of the company’s stock worth $75,000 after buying an additional 19,191 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in HF Foods Group by 8.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 291,360 shares of the company’s stock valued at $935,000 after buying an additional 21,996 shares in the last quarter. Institutional investors and hedge funds own 24.02% of the company’s stock.

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.