Barfresh Food Group, Inc. (NASDAQ:BRFH) Sees Significant Increase in Short Interest

Barfresh Food Group, Inc. (NASDAQ:BRFH) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 34,400 shares, a growth of 75.5% from the February 13th total of 19,600 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average trading volume of 10,200 shares, the short-interest ratio is currently 3.4 days.

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 holdings in shares of Barfresh Food Group, Inc. (NASDAQ:BRFH) by 9.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 89,391 shares of the company’s stock after buying an additional 7,718 shares during the period. Geode Capital Management LLC owned approximately 0.61% of Barfresh Food Group worth $260,000 as of its most recent filing with the SEC. 22.66% of the stock is currently owned by institutional investors and hedge funds.

Barfresh Food Group Trading Down 13.4 %

BRFH stock traded down $0.48 during trading on Friday, hitting $3.07. The company had a trading volume of 14,916 shares, compared to its average volume of 212,078. The business has a 50-day moving average of $3.48 and a 200-day moving average of $3.05. Barfresh Food Group has a one year low of $1.02 and a one year high of $4.61. The stock has a market cap of $45.23 million, a PE ratio of -17.03 and a beta of 0.55. The company has a current ratio of 1.39, a quick ratio of 1.05 and a debt-to-equity ratio of 0.11.

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.