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

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

Institutional Trading of Barfresh Food Group

An institutional investor recently raised its position in Barfresh Food Group stock. HighTower Advisors LLC boosted its holdings in shares of Barfresh Food Group, Inc. (NASDAQ:BRFH) by 37.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,939 shares of the company’s stock after acquiring an additional 35,363 shares during the quarter. HighTower Advisors LLC owned 0.88% of Barfresh Food Group worth $378,000 at the end of the most recent quarter. Institutional investors and hedge funds own 22.66% of the company’s stock.

Barfresh Food Group Stock Up 11.7 %

NASDAQ:BRFH traded up $0.29 during trading hours on Friday, reaching $2.80. 5,144 shares of the stock were exchanged, compared to its average volume of 7,229. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.39 and a quick ratio of 1.05. Barfresh Food Group has a twelve month low of $1.00 and a twelve month high of $4.61. The stock has a market cap of $41.36 million, a PE ratio of -15.58 and a beta of 0.50. The firm has a 50 day moving average of $2.75 and a 200 day moving average of $3.03.

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