Barfresh Food Group, Inc. (NASDAQ:BRFH) Sees Significant Growth in Short Interest

Barfresh Food Group, Inc. (NASDAQ:BRFH) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 34,400 shares, a growth of 75.5% from the February 13th total of 19,600 shares. Based on an average daily volume of 10,200 shares, the short-interest ratio is presently 3.4 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Trading of Barfresh Food Group

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

Barfresh Food Group Stock Performance

BRFH stock traded down $0.48 during trading hours on Friday, reaching $3.07. The stock had a trading volume of 14,916 shares, compared to its average volume of 212,928. The stock has a market capitalization of $45.23 million, a PE ratio of -17.03 and a beta of 0.55. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.39 and a quick ratio of 1.05. The stock has a 50-day simple moving average of $3.48 and a 200 day simple moving average of $3.05. Barfresh Food Group has a fifty-two week low of $1.02 and a fifty-two week high of $4.61.

Barfresh Food Group Company Profile

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.