HF Foods Group Inc. (NASDAQ:HFFG) Short Interest Down 5.3% in December

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

Institutional Trading of HF Foods Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in HF Foods Group during the 3rd quarter worth about $49,000. Geode Capital Management LLC lifted its holdings in shares of HF Foods Group by 0.4% in the 3rd quarter. Geode Capital Management LLC now owns 922,061 shares of the company’s stock valued at $3,292,000 after buying an additional 3,815 shares during the period. Barclays PLC lifted its holdings in shares of HF Foods Group by 291.8% in the 3rd quarter. Barclays PLC now owns 56,685 shares of the company’s stock valued at $203,000 after buying an additional 42,217 shares during the period. State Street Corp lifted its holdings in shares of HF Foods Group by 0.4% in the 3rd quarter. State Street Corp now owns 762,836 shares of the company’s stock valued at $2,723,000 after buying an additional 3,155 shares during the period. Finally, Dimensional Fund Advisors LP lifted 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 valued at $715,000 after buying an additional 56,014 shares during the period. Institutional investors and hedge funds own 24.02% of the company’s stock.

HF Foods Group Stock Performance

Shares of HFFG opened at $2.78 on Friday. The stock has a 50-day moving average of $3.41 and a two-hundred day moving average of $3.35. HF Foods Group has a one year low of $2.46 and a one year high of $5.91. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.45 and a current ratio of 1.18. The stock has a market cap of $146.59 million, a P/E ratio of -92.67 and a beta of 1.48.

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.