HF Foods Group Inc. (NASDAQ:HFFG - Get Free Report) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 292,900 shares, a decline of 9.5% from the November 30th total of 323,600 shares. Based on an average trading volume of 41,500 shares, the short-interest ratio is presently 7.1 days. Approximately 0.8% of the company's shares are sold short.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased 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 purchasing an additional 3,815 shares in the last quarter. State Street Corp boosted 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 purchasing an additional 3,155 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of HF Foods Group by 30.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 238,069 shares of the company's stock worth $715,000 after purchasing an additional 56,014 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of HF Foods Group by 10.5% in the second quarter. Bank of New York Mellon Corp now owns 119,683 shares of the company's stock worth $359,000 after purchasing an additional 11,372 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of HF Foods Group by 110.8% during the third quarter. JPMorgan Chase & Co. now owns 75,185 shares of the company's stock valued at $268,000 after purchasing an additional 39,517 shares in the last quarter. Institutional investors own 24.02% of the company's stock.
HF Foods Group Stock Up 0.3 %
Shares of HFFG stock traded up $0.01 during midday trading on Wednesday, reaching $3.21. 50,721 shares of the stock were exchanged, compared to its average volume of 50,907. HF Foods Group has a 1 year low of $2.46 and a 1 year high of $5.91. The firm has a market cap of $169.26 million, a PE ratio of -107.00 and a beta of 1.43. The company's 50 day moving average is $3.51 and its two-hundred day moving average is $3.36. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43.
HF Foods Group Company Profile
(
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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.
Further Reading
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