Barfresh Food Group, Inc. (NASDAQ:BRFH) Short Interest Update

Barfresh Food Group, Inc. (NASDAQ:BRFH) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 32,600 shares, a decrease of 10.7% from the December 15th total of 36,500 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 12,400 shares, the short-interest ratio is presently 2.6 days.

Barfresh Food Group Stock Up 11.7 %

Shares of NASDAQ:BRFH traded up $0.29 during trading on Friday, reaching $2.80. 5,144 shares of the stock were exchanged, compared to its average volume of 7,229. The stock has a fifty day moving average of $2.75 and a two-hundred day moving average of $3.03. Barfresh Food Group has a 1-year low of $1.00 and a 1-year high of $4.61. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.39 and a quick ratio of 1.05. The firm has a market cap of $41.36 million, a price-to-earnings ratio of -15.58 and a beta of 0.50.

Barfresh Food Group (NASDAQ:BRFH) last released its quarterly earnings data on Thursday, October 24th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.02). The business had revenue of $3.64 million during the quarter, compared to the consensus estimate of $3.62 million. Barfresh Food Group had a negative net margin of 27.14% and a negative return on equity of 131.76%. During the same period last year, the business posted ($0.04) earnings per share. Research analysts anticipate that Barfresh Food Group will post -0.13 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Barfresh Food Group

A hedge fund recently raised its stake in Barfresh Food Group stock. Geode Capital Management LLC grew its stake in Barfresh Food Group, Inc. (NASDAQ:BRFH) by 9.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,391 shares of the company’s stock after purchasing an additional 7,718 shares during the quarter. Geode Capital Management LLC owned approximately 0.61% of Barfresh Food Group worth $260,000 at the end of the most recent reporting period. 22.66% of the stock is owned by institutional investors.

About Barfresh Food Group

Barfresh Food Group, Inc, together with its subsidiaries, manufactures and distributes ready-to-drink and ready-to-blend frozen beverages in the United States. It offers smoothies, shakes and frappes in various formats comprising ready-to-drink smoothie, easy pour, juice concentrates, and single serve.