Short Interest in HF Foods Group Inc. (NASDAQ:HFFG) Decreases By 5.3%

HF Foods Group Inc. (NASDAQ:HFFG) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 277,400 shares, a decline of 5.3% from the December 31st total of 292,900 shares. Based on an average trading volume of 43,300 shares, the short-interest ratio is presently 6.4 days. Currently, 0.8% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC increased its stake in HF Foods Group by 41.4% in the 4th quarter. SG Americas Securities LLC now owns 19,418 shares of the company’s stock worth $62,000 after purchasing an additional 5,686 shares in the last quarter. JPMorgan Chase & Co. grew its stake in HF Foods Group by 110.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 75,185 shares of the company’s stock valued at $268,000 after acquiring an additional 39,517 shares in the last quarter. Barclays PLC grew its stake in HF Foods Group by 291.8% during the 3rd quarter. Barclays PLC now owns 56,685 shares of the company’s stock valued at $203,000 after acquiring an additional 42,217 shares in the last quarter. Geode Capital Management LLC grew its stake in HF Foods Group by 0.4% during the 3rd quarter. Geode Capital Management LLC now owns 922,061 shares of the company’s stock valued at $3,292,000 after acquiring an additional 3,815 shares in the last quarter. Finally, State Street Corp grew its stake in HF Foods Group by 0.4% during the 3rd quarter. State Street Corp now owns 762,836 shares of the company’s stock valued at $2,723,000 after acquiring an additional 3,155 shares in the last quarter. 24.02% of the stock is owned by institutional investors and hedge funds.

HF Foods Group Price Performance

NASDAQ:HFFG traded up $0.02 during mid-day trading on Monday, reaching $2.68. 39,424 shares of the stock were exchanged, compared to its average volume of 41,220. The business has a fifty day moving average price of $3.26 and a 200 day moving average price of $3.33. The firm has a market capitalization of $141.32 million, a PE ratio of -89.33 and a beta of 1.46. HF Foods Group has a 1-year low of $2.46 and a 1-year high of $4.81. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43.

About HF Foods Group

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.