Barfresh Food Group, Inc. (NASDAQ:BRFH) Short Interest Up 129.5% in April

Barfresh Food Group, Inc. (NASDAQ:BRFH) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 67,700 shares, an increase of 129.5% from the March 31st total of 29,500 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average trading volume of 7,200 shares, the short-interest ratio is currently 9.4 days.

Institutional Trading of Barfresh Food Group

An institutional investor recently bought a new position in Barfresh Food Group stock. Mesirow Financial Investment Management Inc. bought a new stake in Barfresh Food Group, Inc. (NASDAQ:BRFH) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,321 shares of the company’s stock, valued at approximately $27,000. Mesirow Financial Investment Management Inc. owned about 0.15% of Barfresh Food Group at the end of the most recent reporting period. Institutional investors and hedge funds own 22.66% of the company’s stock.

Barfresh Food Group Stock Performance

Shares of NASDAQ:BRFH traded down $0.41 during midday trading on Friday, hitting $1.41. 1,102,879 shares of the stock were exchanged, compared to its average volume of 630,606. The stock has a market capitalization of $20.46 million, a price-to-earnings ratio of -6.41 and a beta of 0.28. The business’s 50-day moving average price is $1.16 and its 200 day moving average price is $1.41. Barfresh Food Group has a 12 month low of $1.00 and a 12 month high of $2.39.

Barfresh Food Group (NASDAQ:BRFH) last released its quarterly earnings results on Friday, March 22nd. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The firm had revenue of $1.92 million for the quarter, compared to the consensus estimate of $3.00 million. Barfresh Food Group had a negative return on equity of 159.29% and a negative net margin of 34.81%. As a group, sell-side analysts expect that Barfresh Food Group will post -0.06 EPS for the current year.

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.