Village Farms International, Inc. (NASDAQ:VFF) Short Interest Update

Village Farms International, Inc. (NASDAQ:VFF) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,430,000 shares, an increase of 71.5% from the February 29th total of 833,800 shares. Based on an average daily trading volume, of 622,200 shares, the short-interest ratio is currently 2.3 days.

Village Farms International Stock Up 7.8 %

VFF opened at $1.32 on Thursday. The stock’s fifty day moving average is $0.83 and its two-hundred day moving average is $0.81. Village Farms International has a 52 week low of $0.55 and a 52 week high of $1.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.02 and a current ratio of 2.10.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers purchased a new position in shares of Village Farms International in the 1st quarter valued at $25,000. Raymond James Trust N.A. boosted its position in shares of Village Farms International by 94.4% in the 4th quarter. Raymond James Trust N.A. now owns 37,063 shares of the company’s stock worth $28,000 after purchasing an additional 18,000 shares in the last quarter. ExodusPoint Capital Management LP acquired a new stake in shares of Village Farms International in the 2nd quarter worth $30,000. NewEdge Advisors LLC boosted its position in shares of Village Farms International by 87.5% in the 1st quarter. NewEdge Advisors LLC now owns 37,511 shares of the company’s stock worth $31,000 after purchasing an additional 17,500 shares in the last quarter. Finally, Stephens Inc. AR boosted its position in shares of Village Farms International by 31.0% in the 2nd quarter. Stephens Inc. AR now owns 55,000 shares of the company’s stock worth $33,000 after purchasing an additional 13,000 shares in the last quarter. 12.15% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Craig Hallum raised their price objective on Village Farms International from $1.00 to $1.20 and gave the company a “buy” rating in a research note on Thursday, March 14th.

About Village Farms International

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.