Barfresh Food Group, Inc. (NASDAQ:BRFH) Short Interest Down 7.7% in September

Barfresh Food Group, Inc. (NASDAQ:BRFH) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 38,100 shares, a decrease of 7.7% from the September 15th total of 41,300 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 21,500 shares, the short-interest ratio is presently 1.8 days.

Barfresh Food Group Stock Performance

Shares of NASDAQ:BRFH traded up $0.04 during trading hours on Thursday, reaching $2.73. The stock had a trading volume of 161 shares, compared to its average volume of 264,944. Barfresh Food Group has a 1 year low of $1.00 and a 1 year high of $4.61. The firm’s 50 day moving average is $3.14 and its 200-day moving average is $2.64. The stock has a market capitalization of $40.19 million, a price-to-earnings ratio of -14.94 and a beta of 0.44.

Barfresh Food Group (NASDAQ:BRFH) last posted its earnings results on Wednesday, August 14th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). The company had revenue of $1.46 million during the quarter, compared to analysts’ expectations of $2.27 million. Barfresh Food Group had a negative net margin of 29.91% and a negative return on equity of 131.72%. During the same period last year, the business earned ($0.06) earnings per share. Analysts forecast that Barfresh Food Group will post -0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Greenridge Global raised shares of Barfresh Food Group from a “hold” rating to a “buy” rating and set a $4.50 price objective on the stock in a research report on Monday, August 19th.

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.