Bridgford Foods Co. (NASDAQ:BRID) Short Interest Update

Bridgford Foods Co. (NASDAQ:BRID) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 7,300 shares, a decline of 12.0% from the October 31st total of 8,300 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 14,700 shares, the short-interest ratio is presently 0.5 days.

Bridgford Foods Trading Down 0.4 %

NASDAQ:BRID traded down $0.04 on Monday, reaching $9.03. The company’s stock had a trading volume of 9,023 shares, compared to its average volume of 7,358. Bridgford Foods has a 1-year low of $7.77 and a 1-year high of $14.69. The company has a quick ratio of 2.49, a current ratio of 4.28 and a debt-to-equity ratio of 0.02. The business’s 50-day moving average price is $9.05 and its two-hundred day moving average price is $9.68.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bridgford Foods stock. Factorial Partners LLC acquired a new position in shares of Bridgford Foods Co. (NASDAQ:BRID) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,980 shares of the company’s stock, valued at approximately $200,000. 4.68% of the stock is owned by institutional investors.

Bridgford Foods Company Profile

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products, as well as ready to eat sandwiches and non-refrigerated snack food products.