Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) Short Interest Update

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 54,114 shares, a growth of 74.7% from the February 26th total of 30,968 shares. Based on an average daily trading volume, of 68,516 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.2% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hydrofarm Holdings Group in a research note on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Hydrofarm Holdings Group presently has a consensus rating of “Sell”.

Institutional Trading of Hydrofarm Holdings Group

A number of hedge funds and other institutional investors have recently made changes to their positions in HYFM. Citadel Advisors LLC purchased a new stake in shares of Hydrofarm Holdings Group during the 3rd quarter valued at approximately $59,000. Jane Street Group LLC acquired a new stake in Hydrofarm Holdings Group during the fourth quarter worth $34,000. Finally, DRW Securities LLC raised its position in Hydrofarm Holdings Group by 261.4% in the fourth quarter. DRW Securities LLC now owns 38,840 shares of the company’s stock valued at $59,000 after purchasing an additional 28,093 shares during the period. Institutional investors and hedge funds own 26.61% of the company’s stock.

Hydrofarm Holdings Group Trading Down 4.4%

NASDAQ HYFM traded down $0.05 on Friday, reaching $1.01. 89,725 shares of the company were exchanged, compared to its average volume of 61,532. The company has a current ratio of 2.08, a quick ratio of 0.81 and a debt-to-equity ratio of 0.67. The business’s fifty day moving average price is $1.34 and its 200 day moving average price is $1.98. The stock has a market capitalization of $4.73 million, a P/E ratio of -0.02 and a beta of 2.45. Hydrofarm Holdings Group has a fifty-two week low of $0.86 and a fifty-two week high of $4.78.

Hydrofarm Holdings Group (NASDAQ:HYFM) last posted its quarterly earnings results on Friday, March 27th. The company reported ($51.89) EPS for the quarter. Hydrofarm Holdings Group had a negative return on equity of 32.29% and a negative net margin of 44.49%.The company had revenue of $25.12 million for the quarter. Analysts forecast that Hydrofarm Holdings Group will post -13.3 earnings per share for the current year.

About Hydrofarm Holdings Group

Hydrofarm Holdings Group, Inc provides a comprehensive portfolio of products and services for controlled environment agriculture (CEA) and indoor gardening. The company’s offerings include horticultural lighting systems, environmental controls, nutrient and irrigation solutions, growing media, and greenhouse and nursery equipment. These products are designed to support commercial growers, research institutions, and home gardening enthusiasts by optimizing plant growth and resource efficiency in indoor and greenhouse environments.

Founded in 1977 and headquartered in Fairless Hills, Pennsylvania, Hydrofarm has grown through a combination of product innovation and strategic acquisitions.