The Real Good Food Company, Inc. (NASDAQ:RGF) Short Interest Update

The Real Good Food Company, Inc. (NASDAQ:RGF) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 205,900 shares, a drop of 23.8% from the August 15th total of 270,200 shares. Based on an average daily volume of 93,300 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Real Good Food

Several large investors have recently added to or reduced their stakes in the stock. Private Advisor Group LLC increased its position in shares of Real Good Food by 69.6% during 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 last quarter. First Eagle Investment Management LLC raised its position in 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 worth $589,000 after purchasing an additional 62,500 shares during the period. Finally, B. Riley Financial Inc. purchased a new position in shares of Real Good Food during the fourth quarter valued at approximately $1,586,000. 55.55% of the stock is owned by institutional investors.

Real Good Food Stock Up 2.3 %

Shares of NASDAQ:RGF opened at $0.43 on Monday. The firm has a fifty day simple moving average of $0.46 and a two-hundred day simple moving average of $0.50. The stock has a market capitalization of $14.45 million, a P/E ratio of -0.21 and a beta of 0.53. Real Good Food has a 52 week low of $0.21 and a 52 week high of $4.17.

Real Good Food Company Profile

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.