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

Barfresh Food Group, Inc. (NASDAQ:BRFH) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 67,700 shares, a growth of 129.5% from the March 31st total of 29,500 shares. Based on an average daily volume of 7,200 shares, the days-to-cover ratio is currently 9.4 days. Currently, 0.9% of the company’s shares are sold short.

Institutional Trading of Barfresh Food Group

An institutional investor recently bought a new position in Barfresh Food Group stock. Mesirow Financial Investment Management Inc. purchased a new position in Barfresh Food Group, Inc. (NASDAQ:BRFH) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 22,321 shares of the company’s stock, valued at approximately $27,000. Mesirow Financial Investment Management Inc. owned 0.15% of Barfresh Food Group as of its most recent SEC filing. 22.66% of the stock is currently owned by institutional investors and hedge funds.

Barfresh Food Group Trading Down 22.5 %

Shares of NASDAQ:BRFH opened at $1.41 on Friday. Barfresh Food Group has a 1 year low of $1.00 and a 1 year high of $2.39. The stock has a 50-day simple moving average of $1.16 and a 200-day simple moving average of $1.41.

Barfresh Food Group (NASDAQ:BRFH) last issued its earnings results on Friday, March 22nd. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). Barfresh Food Group had a negative return on equity of 159.29% and a negative net margin of 34.81%. The firm had revenue of $1.92 million for the quarter, compared to analysts’ expectations of $3.00 million. On average, equities analysts predict that Barfresh Food Group will post -0.06 earnings per share for the current fiscal 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.