Short Interest in Barfresh Food Group Inc. (NASDAQ:BRFH) Drops By 21.1%

Barfresh Food Group Inc. (NASDAQ:BRFH) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 21,014 shares, a drop of 21.1% from the January 29th total of 26,628 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 6,977 shares, the short-interest ratio is currently 3.0 days. Based on an average daily trading volume, of 6,977 shares, the short-interest ratio is currently 3.0 days. Approximately 0.2% of the company’s shares are sold short.

Barfresh Food Group Price Performance

BRFH stock opened at $2.73 on Monday. The stock has a 50-day moving average price of $2.98 and a two-hundred day moving average price of $3.13. Barfresh Food Group has a 1 year low of $2.00 and a 1 year high of $6.08. The stock has a market cap of $43.61 million, a PE ratio of -14.37 and a beta of 0.95. The company has a current ratio of 1.25, a quick ratio of 1.01 and a debt-to-equity ratio of 0.17.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Barfresh Food Group stock. Virtu Financial LLC acquired a new stake in Barfresh Food Group Inc. (NASDAQ:BRFH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,255 shares of the company’s stock, valued at approximately $64,000. Virtu Financial LLC owned 0.11% of Barfresh Food Group as of its most recent SEC filing. Institutional investors own 22.66% of the company’s stock.

About Barfresh Food Group

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.