HF Foods Group Inc. (NASDAQ:HFFG) Short Interest Up 6.7% in August

HF Foods Group Inc. (NASDAQ:HFFG) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 397,500 shares, a growth of 6.7% from the August 15th total of 372,700 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average trading volume of 52,500 shares, the short-interest ratio is currently 7.6 days.

HF Foods Group Stock Up 4.7 %

Shares of HFFG traded up $0.16 during trading hours on Tuesday, hitting $3.59. The company had a trading volume of 19,887 shares, compared to its average volume of 53,564. The company has a market capitalization of $188.87 million, a PE ratio of 68.60 and a beta of 1.47. The company’s fifty day moving average price is $3.27 and its two-hundred day moving average price is $3.25. HF Foods Group has a one year low of $2.46 and a one year high of $5.91. 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 (NASDAQ:HFFG) last posted its earnings results on Tuesday, August 6th. The company reported $0.04 earnings per share for the quarter. The firm had revenue of $302.34 million during the quarter. HF Foods Group had a net margin of 0.34% and a return on equity of 7.89%. As a group, equities analysts forecast that HF Foods Group will post 0.37 earnings per share for the current fiscal year.

Institutional Trading of HF Foods Group

A number of institutional investors and hedge funds have recently bought and sold shares of HFFG. BNP Paribas Financial Markets lifted its position in shares of 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. Vanguard Group Inc. grew its holdings in HF Foods Group by 2.2% during the first quarter. Vanguard Group Inc. now owns 1,859,613 shares of the company’s stock worth $6,509,000 after acquiring an additional 39,438 shares during the period. Hillsdale Investment Management Inc. purchased a new position in shares of HF Foods Group in the 1st quarter valued at about $86,000. Perritt Capital Management Inc increased its holdings in HF Foods Group by 40.0% in the second quarter. Perritt Capital Management Inc now owns 35,000 shares of the company’s stock valued at $105,000 after buying an additional 10,000 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in HF Foods Group by 30.8% during the second quarter. Dimensional Fund Advisors LP now owns 238,069 shares of the company’s stock worth $715,000 after purchasing an additional 56,014 shares during the last quarter. 24.02% of the stock is currently owned by hedge funds and other institutional investors.

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.