HF Foods Group Inc. (NASDAQ:HFFG) Short Interest Update

HF Foods Group Inc. (NASDAQ:HFFG) was the target of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 260,000 shares, a decline of 8.8% from the January 15th total of 285,200 shares. Based on an average trading volume of 45,800 shares, the days-to-cover ratio is presently 5.7 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Investors Weigh In On HF Foods Group

A number of hedge funds and other institutional investors have recently bought and sold shares of HFFG. JPMorgan Chase & Co. raised its holdings in HF Foods Group by 100.2% during the 4th quarter. JPMorgan Chase & Co. now owns 150,504 shares of the company’s stock valued at $483,000 after acquiring an additional 75,319 shares during the period. Barclays PLC increased its holdings in shares of HF Foods Group by 291.8% in the third quarter. Barclays PLC now owns 56,685 shares of the company’s stock worth $203,000 after purchasing an additional 42,217 shares during the period. Bank of America Corp DE increased its holdings in shares of HF Foods Group by 84.0% in the fourth quarter. Bank of America Corp DE now owns 48,807 shares of the company’s stock worth $157,000 after purchasing an additional 22,280 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of HF Foods Group by 8.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 291,360 shares of the company’s stock worth $935,000 after purchasing an additional 21,996 shares during the period. Finally, MetLife Investment Management LLC increased its holdings in shares of HF Foods Group by 458.0% in the fourth quarter. MetLife Investment Management LLC now owns 23,381 shares of the company’s stock worth $75,000 after purchasing an additional 19,191 shares during the period. Institutional investors own 24.02% of the company’s stock.

HF Foods Group Stock Performance

HFFG stock traded down $0.01 during midday trading on Tuesday, reaching $2.47. 47,260 shares of the company’s stock traded hands, compared to its average volume of 41,673. The company has a 50-day moving average price of $3.02 and a two-hundred day moving average price of $3.27. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.45 and a current ratio of 1.18. HF Foods Group has a 52 week low of $2.41 and a 52 week high of $4.17. The firm has a market capitalization of $130.24 million, a PE ratio of -82.33 and a beta of 1.46.

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.