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

Village Farms International, Inc. (NASDAQ:VFF - Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 3,570,000 shares, a growth of 26.1% from the April 30th total of 2,830,000 shares. Currently, 3.6% of the company's shares are short sold. Based on an average trading volume of 758,200 shares, the short-interest ratio is presently 4.7 days.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Wall Street Zen cut shares of Village Farms International from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Alliance Global Partners restated a "buy" rating on shares of Village Farms International in a report on Tuesday, May 13th.

Insider Buying and Selling at Village Farms International

In other news, CFO Stephen C. Ruffini acquired 25,000 shares of the business's stock in a transaction on Friday, May 30th. The shares were acquired at an average price of $1.21 per share, for a total transaction of $30,250.00. Following the completion of the transaction, the chief financial officer now directly owns 9,783,127 shares of the company's stock, valued at approximately $11,837,583.67. The trade was a 0.26% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 12.60% of the company's stock.

Institutional Trading of Village Farms International

A number of hedge funds have recently added to or reduced their stakes in VFF. Perkins Capital Management Inc. lifted its stake in Village Farms International by 21.1% in the first quarter. Perkins Capital Management Inc. now owns 1,318,500 shares of the company's stock worth $798,000 after acquiring an additional 230,000 shares during the period. Tudor Investment Corp ET AL purchased a new stake in Village Farms International in the fourth quarter worth about $146,000. Raymond James Financial Inc. purchased a new stake in Village Farms International in the fourth quarter worth about $146,000. Two Sigma Advisers LP lifted its stake in Village Farms International by 625.6% in the fourth quarter. Two Sigma Advisers LP now owns 193,000 shares of the company's stock worth $149,000 after acquiring an additional 166,400 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in Village Farms International by 7.3% in the fourth quarter. Renaissance Technologies LLC now owns 1,190,633 shares of the company's stock worth $918,000 after acquiring an additional 80,567 shares during the period. 12.15% of the stock is owned by hedge funds and other institutional investors.

Village Farms International Trading Down 4.0%

Shares of NASDAQ VFF traded down $0.05 during mid-day trading on Friday, reaching $1.19. The company had a trading volume of 1,353,852 shares, compared to its average volume of 525,663. The business's 50-day moving average is $0.82 and its 200-day moving average is $0.77. The company has a current ratio of 2.05, a quick ratio of 1.09 and a debt-to-equity ratio of 0.16. The stock has a market cap of $133.68 million, a price-to-earnings ratio of -2.64 and a beta of 2.17. Village Farms International has a 52 week low of $0.45 and a 52 week high of $1.32.

Village Farms International (NASDAQ:VFF - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.05). The company had revenue of $77.07 million during the quarter, compared to the consensus estimate of $78.44 million. Village Farms International had a negative return on equity of 8.26% and a negative net margin of 15.16%. Equities analysts expect that Village Farms International will post -0.15 earnings per share for the current year.

Village Farms International Company Profile

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.