Short Interest in Barfresh Food Group Inc. (NASDAQ:BRFH) Rises By 64.7%

Barfresh Food Group Inc. (NASDAQ:BRFH) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 40,332 shares, an increase of 64.7% from the August 15th total of 24,487 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 51,151 shares, the short-interest ratio is presently 0.8 days.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Weiss Ratings raised shares of Barfresh Food Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 24th. Zacks Research downgraded Barfresh Food Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 18th. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Barfresh Food Group has an average rating of “Reduce” and a consensus price target of $6.00.

Barfresh Food Group Trading Down 5.1%

Barfresh Food Group stock opened at $1.12 on Thursday. Barfresh Food Group has a 1 year low of $1.12 and a 1 year high of $6.08. The firm’s 50-day moving average is $1.54 and its 200-day moving average is $2.14. The company has a debt-to-equity ratio of 4.41, a quick ratio of 0.31 and a current ratio of 0.71. The company has a market cap of $18.27 million, a P/E ratio of -4.87 and a beta of 0.73.

Barfresh Food Group (NASDAQ:BRFH) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07). Barfresh Food Group had a negative net margin of 17.88% and a negative return on equity of 295.15%. On average, equities analysts expect that Barfresh Food Group will post -0.27 earnings per share for the current year.

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.