Barfresh Food Group Inc. (NASDAQ:BRFH) Short Interest Update

Barfresh Food Group Inc. (NASDAQ:BRFH) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 31,175 shares, a drop of 23.1% from the December 15th total of 40,549 shares. Based on an average daily trading volume, of 13,166 shares, the short-interest ratio is presently 2.4 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 13,166 shares, the short-interest ratio is presently 2.4 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Barfresh Food Group in a research note on Thursday, October 30th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $6.00.

Barfresh Food Group Stock Performance

BRFH remained flat at $3.25 on Friday. The company had a trading volume of 13,728 shares, compared to its average volume of 13,480. The business has a 50 day moving average of $3.11 and a two-hundred day moving average of $3.16. The company has a quick ratio of 1.01, a current ratio of 1.25 and a debt-to-equity ratio of 0.17. Barfresh Food Group has a 1 year low of $2.00 and a 1 year high of $6.08. The company has a market cap of $51.90 million, a price-to-earnings ratio of -17.11 and a beta of 0.95.

Barfresh Food Group (NASDAQ:BRFH) last issued its earnings results on Thursday, November 6th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Barfresh Food Group had a negative return on equity of 151.77% and a negative net margin of 24.05%.The firm had revenue of $4.23 million during the quarter, compared to the consensus estimate of $4.36 million. On average, equities research analysts forecast that Barfresh Food Group will post -0.13 EPS for the current fiscal year.

Hedge Funds Weigh In On Barfresh Food Group

An institutional investor recently bought a new position in Barfresh Food Group stock. Virtu Financial LLC bought a new stake in Barfresh Food Group Inc. (NASDAQ:BRFH) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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 filing with the Securities and Exchange Commission (SEC). 22.66% of the stock is owned by institutional investors and hedge funds.

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.