Short Interest in The Real Good Food Company, Inc. (NASDAQ:RGF) Expands By 42.7%

The Real Good Food Company, Inc. (NASDAQ:RGF) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 296,900 shares, a growth of 42.7% from the March 31st total of 208,100 shares. Based on an average daily volume of 369,000 shares, the short-interest ratio is currently 0.8 days. Approximately 1.6% of the company’s stock are short sold.

Real Good Food Trading Up 11.5 %

NASDAQ RGF traded up $0.03 during trading on Friday, reaching $0.26. The company’s stock had a trading volume of 286,335 shares, compared to its average volume of 333,114. The stock has a market capitalization of $8.73 million and a PE ratio of -0.13. The business has a 50-day moving average price of $0.59 and a 200-day moving average price of $1.30. Real Good Food has a 1-year low of $0.21 and a 1-year high of $5.21.

Analyst Upgrades and Downgrades

Separately, B. Riley cut shares of Real Good Food from a “buy” rating to a “neutral” rating in a research note on Wednesday, March 20th.

Institutional Trading of Real Good Food

A number of institutional investors have recently added to or reduced their stakes in the business. Taylor Frigon Capital Management LLC lifted its stake in shares of Real Good Food by 47.8% in the third quarter. Taylor Frigon Capital Management LLC now owns 529,812 shares of the company’s stock worth $1,775,000 after buying an additional 171,351 shares during the last quarter. Skylands Capital LLC lifted its stake in shares of Real Good Food by 2,278.4% in the third quarter. Skylands Capital LLC now owns 1,043,891 shares of the company’s stock worth $3,497,000 after buying an additional 1,000,000 shares during the last quarter. Perkins Capital Management Inc. acquired a new stake in shares of Real Good Food in the third quarter worth $496,000. Private Advisor Group LLC lifted its stake in shares of Real Good Food by 275.9% in the third quarter. Private Advisor Group LLC now owns 90,100 shares of the company’s stock worth $302,000 after buying an additional 66,133 shares during the last quarter. Finally, Blair William & Co. IL lifted its stake in shares of Real Good Food by 713.7% in the third quarter. Blair William & Co. IL now owns 452,652 shares of the company’s stock worth $1,516,000 after buying an additional 397,020 shares during the last quarter. 55.55% of the stock is currently owned by institutional investors and hedge funds.

About Real Good Food

The Real Good Food Company, Inc, through its subsidiary, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients. It offers comfort foods, such as bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread breakfast sandwiches, and various entrée bowls under the Realgood Foods Co brand name, as well as sells private-label products.