HF Foods Group Inc. (NASDAQ:HFFG) Short Interest Up 21.0% in March

HF Foods Group Inc. (NASDAQ:HFFG - Get Free Report) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 386,600 shares, an increase of 21.0% from the February 28th total of 319,500 shares. Based on an average daily volume of 112,100 shares, the days-to-cover ratio is presently 3.4 days. Currently, 1.1% of the shares of the company are sold short.

Institutional Investors Weigh In On HF Foods Group

Several large investors have recently modified their holdings of the stock. ProShare Advisors LLC acquired a new position in shares of HF Foods Group in the 4th quarter valued at $36,000. XTX Topco Ltd acquired a new stake in shares of HF Foods Group during the fourth quarter valued at approximately $38,000. Prudential Financial Inc. acquired a new position in HF Foods Group in the 4th quarter worth approximately $42,000. Intech Investment Management LLC purchased a new position in HF Foods Group during the 4th quarter worth approximately $42,000. Finally, SG Americas Securities LLC raised its stake in HF Foods Group by 41.4% during the 4th quarter. SG Americas Securities LLC now owns 19,418 shares of the company's stock valued at $62,000 after purchasing an additional 5,686 shares during the period. 24.02% of the stock is owned by institutional investors.

HF Foods Group Price Performance

HFFG traded up $0.31 on Monday, reaching $4.29. The company had a trading volume of 322,820 shares, compared to its average volume of 75,645. The company has a market capitalization of $226.25 million, a P/E ratio of -143.00 and a beta of 0.46. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43. The company has a fifty day moving average of $2.80 and a 200-day moving average of $3.18. HF Foods Group has a one year low of $1.70 and a one year high of $4.93.

HF Foods Group (NASDAQ:HFFG - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. HF Foods Group had a positive return on equity of 6.96% and a negative net margin of 0.16%. The company had revenue of $305.28 million for the quarter, compared to the consensus estimate of $287.86 million. As a group, equities research analysts anticipate that HF Foods Group will post 0.22 earnings per share for the current year.

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.