Short Interest in The Real Good Food Company, Inc. (NASDAQ:RGF) Decreases By 12.8%

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

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Real Good Food

Several hedge funds and other institutional investors have recently modified their holdings of the company. B. Riley Financial Inc. acquired a new stake in shares of Real Good Food in the 4th quarter worth about $1,586,000. First Eagle Investment Management LLC increased its holdings in Real Good Food by 19.2% during the 4th quarter. First Eagle Investment Management LLC now owns 387,734 shares of the company’s stock worth $589,000 after purchasing an additional 62,500 shares in the last quarter. Private Advisor Group LLC raised its stake 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 worth $232,000 after purchasing an additional 62,680 shares during the last quarter. Skylands Capital LLC lifted its holdings in shares of Real Good Food by 22.5% in the fourth quarter. Skylands Capital LLC now owns 1,278,984 shares of the company’s stock valued at $1,944,000 after purchasing an additional 235,093 shares in the last quarter. Finally, SFE Investment Counsel purchased a new position in shares of Real Good Food during the fourth quarter valued at approximately $36,000. Institutional investors own 55.55% of the company’s stock.

Real Good Food Trading Up 5.2 %

RGF stock traded up $0.03 during trading on Monday, reaching $0.53. 36,299 shares of the stock were exchanged, compared to its average volume of 479,944. The firm’s 50 day moving average is $0.53 and its 200 day moving average is $0.84. The firm has a market cap of $17.72 million, a P/E ratio of -0.24 and a beta of 0.54. Real Good Food has a twelve month low of $0.21 and a twelve month high of $5.21.

About Real Good Food

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.