HF Foods Group Inc. (NASDAQ:HFFG - Get Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 277,400 shares, a decrease of 5.3% from the December 15th total of 292,900 shares. Based on an average daily volume of 43,300 shares, the short-interest ratio is currently 6.4 days. Approximately 0.8% of the shares of the company are sold short.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in HF Foods Group during the 3rd quarter worth approximately $49,000. Geode Capital Management LLC raised 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 worth $3,292,000 after acquiring an additional 3,815 shares during the period. Barclays PLC raised its stake in HF Foods Group by 291.8% during the 3rd quarter. Barclays PLC now owns 56,685 shares of the company's stock worth $203,000 after acquiring an additional 42,217 shares during the period. State Street Corp raised 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 worth $2,723,000 after acquiring an additional 3,155 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of HF Foods Group by 30.8% during the second 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 last quarter. Institutional investors own 24.02% of the company's stock.
NASDAQ HFFG traded down $0.10 on Friday, reaching $2.78. 67,104 shares of the stock were exchanged, compared to its average volume of 39,414. HF Foods Group has a one year low of $2.46 and a one year high of $5.91. The firm has a market capitalization of $146.59 million, a PE ratio of -92.67 and a beta of 1.48. The company's 50-day simple moving average is $3.41 and its two-hundred day simple moving average is $3.35. 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 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.
Before you consider HF Foods Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HF Foods Group wasn't on the list.
While HF Foods Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.