Village Farms International (NASDAQ:VFF) Trading Down 2% – Here’s Why

Village Farms International, Inc. (NASDAQ:VFF) fell 2% during mid-day trading on Monday . The company traded as low as $0.45 and last traded at $0.51. 886,664 shares were traded during trading, an increase of 83% from the average session volume of 484,668 shares. The stock had previously closed at $0.52.

Village Farms International Price Performance

The firm has a market cap of $56.90 million, a P/E ratio of -1.13 and a beta of 2.16. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.05 and a quick ratio of 1.09. The firm’s 50 day moving average is $0.70 and its 200 day moving average is $0.78.

Institutional Trading of Village Farms International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Tidal Investments LLC boosted its holdings in Village Farms International by 35.7% in the third quarter. Tidal Investments LLC now owns 2,431,488 shares of the company’s stock worth $2,261,000 after acquiring an additional 640,148 shares in the last quarter. Jane Street Group LLC raised its position 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 worth $379,000 after purchasing an additional 220,105 shares during the last quarter. Tudor Investment Corp ET AL bought a new position in Village Farms International in the 4th quarter worth about $146,000. Raymond James Financial Inc. bought a new position in Village Farms International in the 4th quarter worth about $146,000. Finally, Two Sigma Advisers LP grew its position in Village Farms International by 625.6% during the 4th quarter. Two Sigma Advisers LP now owns 193,000 shares of the company’s stock valued at $149,000 after purchasing an additional 166,400 shares during the last quarter. Hedge funds and other institutional investors own 12.15% of the company’s stock.

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.