Short Interest in HF Foods Group Inc. (NASDAQ:HFFG) Declines By 5.0%

HF Foods Group Inc. (NASDAQ:HFFG) was the target of a large decrease in short interest in 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. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 40,000 shares, the days-to-cover ratio is presently 9.4 days.

Institutional Trading of HF Foods Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HFFG. State Street Corp increased 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 boosted its position in HF Foods Group by 0.4% in the third quarter. Geode Capital Management LLC now owns 922,061 shares of the company’s stock valued at $3,292,000 after buying an additional 3,815 shares during the last quarter. Renaissance Technologies LLC increased its holdings in 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 raised its position in 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 during the last quarter. Finally, Perritt Capital Management Inc lifted its stake in HF Foods Group by 40.0% during the 2nd quarter. Perritt Capital Management Inc now owns 35,000 shares of the company’s stock valued at $105,000 after acquiring an additional 10,000 shares during the period. Institutional investors and hedge funds own 24.02% of the company’s stock.

HF Foods Group Trading Down 1.2 %

NASDAQ:HFFG opened at $3.42 on Monday. The company has a market capitalization of $180.37 million, a P/E ratio of -114.00 and a beta of 1.47. 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 12 month low of $2.46 and a 12 month high of $5.91. The firm has a fifty day simple moving average of $3.41 and a 200-day simple moving average of $3.28.

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.