Short Interest in Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) Grows By 33.6%

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 42,297 shares, a growth of 33.6% from the March 31st total of 31,667 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 23,360 shares, the short-interest ratio is presently 1.8 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Hydrofarm Holdings Group in a research note on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Hedge Funds Weigh In On Hydrofarm Holdings Group

A number of hedge funds have recently added to or reduced their stakes in HYFM. Jane Street Group LLC purchased a new stake in shares of Hydrofarm Holdings Group in the 4th quarter worth approximately $34,000. DRW Securities LLC lifted its position in shares of Hydrofarm Holdings Group by 261.4% in the 4th quarter. DRW Securities LLC now owns 38,840 shares of the company’s stock worth $59,000 after purchasing an additional 28,093 shares during the period. Finally, Citadel Advisors LLC purchased a new stake in shares of Hydrofarm Holdings Group in the 3rd quarter worth approximately $59,000. 26.61% of the stock is currently owned by institutional investors.

Hydrofarm Holdings Group Trading Up 3.5%

HYFM stock traded up $0.04 during mid-day trading on Thursday, reaching $1.04. The company had a trading volume of 24,390 shares, compared to its average volume of 32,949. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.37 and a quick ratio of 0.13. The company has a market capitalization of $4.93 million, a PE ratio of -0.02 and a beta of 2.48. The firm has a 50 day moving average of $1.08 and a 200 day moving average of $1.62. Hydrofarm Holdings Group has a 12 month low of $0.79 and a 12 month high of $4.78.

Hydrofarm Holdings Group (NASDAQ:HYFM) last issued its earnings results on Friday, March 27th. The company reported ($51.89) EPS for the quarter. The company had revenue of $25.12 million during the quarter. Hydrofarm Holdings Group had a negative return on equity of 222.94% and a negative net margin of 215.85%.

About Hydrofarm Holdings Group

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.