Barfresh Food Group, Inc. (NASDAQ:BRFH) Short Interest Down 10.7% in December

Barfresh Food Group, Inc. (NASDAQ:BRFH) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 32,600 shares, a decrease of 10.7% from the December 15th total of 36,500 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 12,400 shares, the days-to-cover ratio is presently 2.6 days.

Institutional Investors Weigh In On Barfresh Food Group

A hedge fund recently raised its stake in Barfresh Food Group stock. HighTower Advisors LLC grew its position in shares of Barfresh Food Group, Inc. (NASDAQ:BRFH) by 37.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 129,939 shares of the company’s stock after buying an additional 35,363 shares during the quarter. HighTower Advisors LLC owned 0.88% of Barfresh Food Group worth $378,000 as of its most recent filing with the Securities & Exchange Commission. 22.66% of the stock is owned by hedge funds and other institutional investors.

Barfresh Food Group Trading Up 11.7 %

Shares of BRFH stock traded up $0.29 during trading hours on Friday, hitting $2.80. 5,144 shares of the company were exchanged, compared to its average volume of 7,229. The company has a 50 day simple moving average of $2.75 and a two-hundred day simple moving average of $3.03. The firm has a market cap of $41.36 million, a P/E ratio of -15.58 and a beta of 0.50. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.05 and a current ratio of 1.39. Barfresh Food Group has a fifty-two week low of $1.00 and a fifty-two week high of $4.61.

Barfresh Food Group (NASDAQ:BRFH) last issued its earnings results on Thursday, October 24th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.02). Barfresh Food Group had a negative return on equity of 131.76% and a negative net margin of 27.14%. The firm had revenue of $3.64 million for the quarter, compared to analyst estimates of $3.62 million. During the same period in the previous year, the company earned ($0.04) earnings per share. Equities analysts anticipate that Barfresh Food Group will post -0.13 EPS for the current year.

About Barfresh Food Group

Barfresh Food Group, Inc, together with its subsidiaries, manufactures and distributes ready-to-drink and ready-to-blend frozen beverages in the United States. It offers smoothies, shakes and frappes in various formats comprising ready-to-drink smoothie, easy pour, juice concentrates, and single serve.