The Real Good Food Company, Inc. (NASDAQ:RGF – Get Free Report) 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.
Get Our Latest Stock Report on Real Good Food
Institutional Investors Weigh In On Real Good Food
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.
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