The Real Good Food Company, Inc. (NASDAQ:RGF) Short Interest Down 12.8% in June

The Real Good Food Company, Inc. (NASDAQ:RGFGet Free Report) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 243,000 shares, a decline of 12.8% from the May 31st total of 278,700 shares. Based on an average daily trading volume, of 631,800 shares, the short-interest ratio is presently 0.4 days. Currently, 1.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. SFE Investment Counsel acquired a new stake in shares of Real Good Food in the 4th quarter valued at about $36,000. Pinnacle Associates Ltd. acquired a new stake in shares of Real Good Food in the 4th quarter valued at about $39,000. Private Advisor Group LLC boosted its position in shares of Real Good Food by 69.6% in the 4th quarter. Private Advisor Group LLC now owns 152,780 shares of the company’s stock valued at $232,000 after purchasing an additional 62,680 shares during the period. First Eagle Investment Management LLC boosted its position in shares of Real Good Food by 19.2% in the 4th quarter. First Eagle Investment Management LLC now owns 387,734 shares of the company’s stock valued at $589,000 after purchasing an additional 62,500 shares during the period. Finally, Taylor Frigon Capital Management LLC boosted its position in shares of Real Good Food by 50.3% in the 4th quarter. Taylor Frigon Capital Management LLC now owns 796,372 shares of the company’s stock valued at $1,210,000 after purchasing an additional 266,560 shares during the period. 55.55% of the stock is owned by institutional investors and hedge funds.

Real Good Food Stock Performance

NASDAQ:RGF opened at $0.50 on Friday. The stock has a 50-day simple moving average of $0.53 and a 200-day simple moving average of $0.84. The stock has a market cap of $16.85 million, a P/E ratio of -0.24 and a beta of 0.54. Real Good Food has a 1 year low of $0.21 and a 1 year high of $5.21.

Wall Street Analysts Forecast Growth

Separately, B. Riley lowered Real Good Food from a “buy” rating to a “neutral” rating in a research note on Wednesday, March 20th.

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Real Good Food Company Profile

(Get Free Report)

The Real Good Food Company, Inc, through its subsidiary, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients. It offers comfort foods, such as bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread breakfast sandwiches, and various entrée bowls under the Realgood Foods Co brand name, as well as sells private-label products.

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