Village Farms International, Inc. (NASDAQ:VFF) Short Interest Update

Village Farms International, Inc. (NASDAQ:VFF - Get Free Report) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 2,220,000 shares, an increase of 53.1% from the March 31st total of 1,450,000 shares. Based on an average daily volume of 893,600 shares, the short-interest ratio is presently 2.5 days.

Village Farms International Trading Up 6.7 %

NASDAQ:VFF traded up $0.08 during mid-day trading on Friday, hitting $1.36. 788,195 shares of the company's stock were exchanged, compared to its average volume of 1,184,086. The company has a 50 day simple moving average of $1.05 and a 200-day simple moving average of $0.88. The company has a current ratio of 2.10, a quick ratio of 1.02 and a debt-to-equity ratio of 0.13. Village Farms International has a fifty-two week low of $0.55 and a fifty-two week high of $1.57. The firm has a market capitalization of $149.39 million, a P/E ratio of -4.84 and a beta of 2.44.

Village Farms International (NASDAQ:VFF - Get Free Report) last posted its earnings results on Wednesday, March 13th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.06). Village Farms International had a negative return on equity of 5.58% and a negative net margin of 11.13%. The business had revenue of $74.23 million for the quarter, compared to analyst estimates of $70.03 million. As a group, research analysts expect that Village Farms International will post -0.06 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Craig Hallum raised their price target on shares of Village Farms International from $1.00 to $1.20 and gave the company a "buy" rating in a research note on Thursday, March 14th.

Institutional Investors Weigh In On Village Farms International

Hedge funds have recently added to or reduced their stakes in the business. Raymond James Trust N.A. raised its holdings in Village Farms International by 94.4% during the 4th quarter. Raymond James Trust N.A. now owns 37,063 shares of the company's stock worth $28,000 after purchasing an additional 18,000 shares during the last quarter. Sustainable Insight Capital Management LLC raised its holdings in Village Farms International by 32.9% during the 3rd quarter. Sustainable Insight Capital Management LLC now owns 93,300 shares of the company's stock worth $74,000 after purchasing an additional 23,100 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in Village Farms International by 693.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 100,690 shares of the company's stock worth $80,000 after purchasing an additional 88,000 shares during the last quarter. Formidable Asset Management LLC raised its holdings in Village Farms International by 96.4% during the 3rd quarter. Formidable Asset Management LLC now owns 151,615 shares of the company's stock worth $121,000 after purchasing an additional 74,408 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC raised its holdings in Village Farms International by 7.7% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 545,705 shares of the company's stock worth $415,000 after purchasing an additional 39,045 shares during the last quarter. 12.15% of the stock is currently owned by institutional investors and hedge funds.

About Village Farms International

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.