Barfresh Food Group Inc. (NASDAQ:BRFH) Short Interest Up 64.7% in August

Barfresh Food Group Inc. (NASDAQ:BRFH) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 40,332 shares, a growth of 64.7% from the August 15th total of 24,487 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 51,151 shares, the days-to-cover ratio is presently 0.8 days.

Barfresh Food Group Trading Down 5.1%

NASDAQ:BRFH opened at $1.12 on Thursday. The stock has a market cap of $18.27 million, a price-to-earnings ratio of -4.87 and a beta of 0.73. The company has a debt-to-equity ratio of 4.41, a quick ratio of 0.31 and a current ratio of 0.71. Barfresh Food Group has a 1 year low of $1.12 and a 1 year high of $6.08. The business has a fifty day moving average of $1.54 and a 200-day moving average of $2.14.

Barfresh Food Group (NASDAQ:BRFH) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.07). Barfresh Food Group had a negative return on equity of 295.15% and a negative net margin of 17.88%. Equities analysts predict that Barfresh Food Group will post -0.27 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on BRFH shares. Weiss Ratings upgraded shares of Barfresh Food Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 24th. Zacks Research lowered shares of Barfresh Food Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 18th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $6.00.

About Barfresh Food Group

Barfresh Food Group, Inc develops, manufactures and distributes a line of fresh-frozen, portion-controlled beverage and breakfast products for the foodservice and retail channels. The company’s flagship offerings include smoothie base blends, pancake and waffle mixes, and related griddle products designed to deliver convenience, consistency and controlled portions. Barfresh products require only the addition of liquid and blending or mixing prior to service, catering to operators seeking quick-serve solutions without sacrificing quality.

Operating from a single, fully certified manufacturing facility in Miami, Florida, Barfresh adheres to strict quality and safety protocols throughout its production processes.