After Reaching Milestone, Is Freshpet Incorporated (NASDAQ:FRPT)’s Short Interest Revealing Something?

February 12, 2018 - By Vivian Currie

 After Reaching Milestone, Is Freshpet Incorporated (NASDAQ:FRPT)’s Short Interest Revealing Something?

Investors sentiment increased to 1.29 in Q3 2017. Its up 0.07, from 1.22 in 2017Q2. It improved, as 10 investors sold Freshpet, Inc. shares while 25 reduced holdings. 14 funds opened positions while 31 raised stakes. 23.37 million shares or 4.08% more from 22.45 million shares in 2017Q2 were reported.
Ubs Oconnor Lc, a Illinois-based fund reported 632,880 shares. Howe And Rusling Inc invested in 242 shares. Hancock Hldgs reported 0.01% of its portfolio in Freshpet, Inc. (NASDAQ:FRPT). Voya Investment Ltd Liability Company reported 0% stake. Fort Point Capital Ptnrs Ltd Liability Com stated it has 78,305 shares. State Street reported 384,053 shares or 0% of all its holdings. Fuller And Thaler Asset, a California-based fund reported 187,329 shares. State Bank Of America De holds 0% or 384,877 shares in its portfolio. Harvest Strategies Ltd Llc owns 245,100 shares for 0.73% of their portfolio. Wells Fargo And Mn accumulated 177,505 shares or 0% of the stock. Vanguard Gru holds 0% or 1.26 million shares. Blackrock stated it has 1.45M shares or 0% of all its holdings. Rhumbline Advisers has invested 0% in Freshpet, Inc. (NASDAQ:FRPT). Morgan Stanley holds 0% or 323,401 shares in its portfolio. Ironwood Mgmt Ltd Limited Liability Company invested in 0.54% or 49,003 shares.

The stock of Freshpet Incorporated (NASDAQ:FRPT) registered a decrease of 4.16% in short interest. FRPT’s total short interest was 4.81 million shares in February as published by FINRA. Its down 4.16% from 5.02M shares, reported previously. With 180,800 shares average volume, it will take short sellers 27 days to cover their FRPT’s short positions. The short interest to Freshpet Incorporated’s float is 24.43%.

It closed at $18.75 lastly. It is down 61.82% since February 12, 2017 and is uptrending. It has outperformed by 45.12% the S&P500.

Freshpet, Inc. manufactures and markets natural fresh, refrigerated meals, and treats for dogs and cats in the United States, Canada, and the United Kingdom. The company has market cap of $653.65 million. It sells its products under the Freshpet brand, as well as under the Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural. It currently has negative earnings.

Freshpet, Inc. (NASDAQ:FRPT) Ratings Coverage

Among 14 analysts covering Freshpet Inc (NASDAQ:FRPT), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Freshpet Inc had 31 analyst reports since August 13, 2015 according to SRatingsIntel. Canaccord Genuity maintained it with “Buy” rating and $9.0 target in Tuesday, January 19 report. The firm earned “Buy” rating on Tuesday, January 2 by Robert W. Baird. The stock has “Neutral” rating by Credit Suisse on Thursday, November 12. The stock of Freshpet, Inc. (NASDAQ:FRPT) has “Buy” rating given on Thursday, December 14 by Stifel Nicolaus. The company was maintained on Monday, August 7 by Oppenheimer. The rating was initiated by Stephens on Tuesday, September 22 with “Equal Weight”. On Friday, March 11 the stock rating was downgraded by Goldman Sachs to “Buy”. The stock has “Neutral” rating by Credit Suisse on Tuesday, November 7. Stephens upgraded the stock to “Overweight” rating in Friday, August 5 report. Credit Suisse maintained Freshpet, Inc. (NASDAQ:FRPT) rating on Wednesday, January 24. Credit Suisse has “Neutral” rating and $20 target.

More news for Freshpet, Inc. (NASDAQ:FRPT) were recently published by:, which released: “Freshpet, Inc. Amends Credit Facility” on September 21, 2017.‘s article titled: “Freshpet’s (FRPT) CEO Billy Cyr on Q3 2017 Results – Earnings Call Transcript” and published on November 07, 2017 is yet another important article.

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