Barfresh Food Group Inc. (NASDAQ:BRFH) Sees Large Decrease in Short Interest

Barfresh Food Group Inc. (NASDAQ:BRFH) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 26,628 shares, a decline of 17.4% from the January 15th total of 32,227 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 10,288 shares, the short-interest ratio is currently 2.6 days. Based on an average daily trading volume, of 10,288 shares, the short-interest ratio is currently 2.6 days. Currently, 0.3% of the company’s stock are short sold.

Barfresh Food Group Stock Up 4.5%

BRFH stock opened at $2.99 on Tuesday. The firm has a market cap of $47.75 million, a PE ratio of -15.74 and a beta of 0.93. Barfresh Food Group has a 1 year low of $2.00 and a 1 year high of $6.08. The company has a fifty day simple moving average of $3.05 and a 200 day simple moving average of $3.14. The company has a current ratio of 1.25, a quick ratio of 1.01 and a debt-to-equity ratio of 0.17.

Hedge Funds Weigh In On Barfresh Food Group

An institutional investor recently bought a new position in Barfresh Food Group stock. Virtu Financial LLC purchased a new position in Barfresh Food Group Inc. (NASDAQ:BRFH) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 18,255 shares of the company’s stock, valued at approximately $64,000. Virtu Financial LLC owned about 0.11% of Barfresh Food Group at the end of the most recent reporting period. Institutional investors own 22.66% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Barfresh Food Group in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $6.00.

Barfresh Food Group Company Profile

Barfresh Food Group, Inc develops, manufactures and distributes a line of fresh-frozen, portion-controlled beverage and breakfast products for the foodservice and retail channels. The company’s flagship offerings include smoothie base blends, pancake and waffle mixes, and related griddle products designed to deliver convenience, consistency and controlled portions. Barfresh products require only the addition of liquid and blending or mixing prior to service, catering to operators seeking quick-serve solutions without sacrificing quality.

Operating from a single, fully certified manufacturing facility in Miami, Florida, Barfresh adheres to strict quality and safety protocols throughout its production processes.