Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 486,825 shares, an increase of 81.5% from the August 15th total of 268,168 shares. Currently, 12.0% of the company’s shares are sold short. Based on an average daily volume of 156,021 shares, the days-to-cover ratio is presently 3.1 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Hydrofarm Holdings Group stock. BlackRock Inc. acquired a new stake in shares of Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 50,465 shares of the company’s stock, valued at approximately $43,000. BlackRock Inc. owned approximately 1.06% of Hydrofarm Holdings Group at the end of the most recent reporting period. 26.61% of the stock is currently owned by institutional investors and hedge funds.
Hydrofarm Holdings Group Price Performance
Shares of NASDAQ:HYFM traded down $0.02 during trading hours on Wednesday, hitting $0.92. 31,543 shares of the company’s stock traded hands, compared to its average volume of 966,972. Hydrofarm Holdings Group has a 1 year low of $0.50 and a 1 year high of $3.69. The business has a fifty day moving average price of $1.03 and a 200-day moving average price of $1.01. The firm has a market capitalization of $4.38 million, a P/E ratio of -0.02 and a beta of 2.43.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Hydrofarm Holdings Group in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
Get Our Latest Analysis on HYFM
Hydrofarm Holdings Group Company Profile
Hydrofarm Holdings Group, Inc provides a comprehensive portfolio of products and services for controlled environment agriculture (CEA) and indoor gardening. The company’s offerings include horticultural lighting systems, environmental controls, nutrient and irrigation solutions, growing media, and greenhouse and nursery equipment. These products are designed to support commercial growers, research institutions, and home gardening enthusiasts by optimizing plant growth and resource efficiency in indoor and greenhouse environments.
Founded in 1977 and headquartered in Fairless Hills, Pennsylvania, Hydrofarm has grown through a combination of product innovation and strategic acquisitions.
Featured Stories
- Five stocks we like better than Hydrofarm Holdings Group
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
Receive News & Ratings for Hydrofarm Holdings Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hydrofarm Holdings Group and related companies with MarketBeat.com's FREE daily email newsletter.
