Village Farms International, Inc. (NASDAQ:VFF) Sees Significant Decrease in Short Interest

Village Farms International, Inc. (NASDAQ:VFF) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 2,150,000 shares, a drop of 14.3% from the November 30th total of 2,510,000 shares. Based on an average trading volume of 440,300 shares, the days-to-cover ratio is presently 4.9 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Certified Advisory Corp raised its stake in Village Farms International by 56.1% during the second quarter. Certified Advisory Corp now owns 41,750 shares of the company’s stock worth $43,000 after buying an additional 15,000 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of Village Farms International by 73.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 111,327 shares of the company’s stock worth $114,000 after acquiring an additional 47,075 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Village Farms International by 117.6% in the 3rd quarter. Jane Street Group LLC now owns 407,246 shares of the company’s stock valued at $379,000 after purchasing an additional 220,105 shares during the period. The Manufacturers Life Insurance Company bought a new stake in shares of Village Farms International during the 2nd quarter valued at about $449,000. Finally, Renaissance Technologies LLC grew its stake in Village Farms International by 125.9% during the second quarter. Renaissance Technologies LLC now owns 1,374,771 shares of the company’s stock worth $1,402,000 after purchasing an additional 766,205 shares during the period. Institutional investors and hedge funds own 12.15% of the company’s stock.

Village Farms International Price Performance

Village Farms International stock opened at $0.79 on Monday. The firm has a market cap of $88.73 million, a P/E ratio of -1.76 and a beta of 2.19. The stock’s 50 day moving average is $0.82 and its 200 day moving average is $0.94. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.05 and a quick ratio of 1.09. Village Farms International has a one year low of $0.58 and a one year high of $1.62.

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.