Will Freshpet Inc (NASDAQ:FRPT) Run Out of Steam Soon? Short Interest Is Down

Freshpet, Inc. (NASDAQ:FRPT) Logo

Investors sentiment decreased to 1.04 in Q2 2018. Its down 0.22, from 1.26 in 2018Q1. It dived, as 14 investors sold Freshpet, Inc. shares while 41 reduced holdings. 27 funds opened positions while 30 raised stakes. 25.79 million shares or 2.20% more from 25.24 million shares in 2018Q1 were reported.
Millennium Mgmt Ltd Liability Corporation accumulated 34,800 shares. Riverbridge accumulated 0.86% or 1.73M shares. 195 were accumulated by Howe Rusling. 388,346 are owned by State Bank Of America De. Manatuck Hill Ltd Liability Corporation accumulated 305,500 shares or 3.36% of the stock. Fuller And Thaler Asset Management stated it has 0.03% of its portfolio in Freshpet, Inc. (NASDAQ:FRPT). The New York-based Tower Capital Ltd Company (Trc) has invested 0% in Freshpet, Inc. (NASDAQ:FRPT). Us Retail Bank De reported 21,122 shares. Engineers Gate Manager L P owns 25,387 shares. Tokio Marine Asset Mgmt Co Limited accumulated 20,900 shares. Wellington Mgmt Gru Llp accumulated 0.01% or 1.59 million shares. State Of New Jersey Common Pension Fund D holds 0.02% of its portfolio in Freshpet, Inc. (NASDAQ:FRPT) for 210,000 shares. 50,000 were reported by Nj State Employees Deferred Compensation Plan. New Jersey Better Educational Savings invested 0.54% of its portfolio in Freshpet, Inc. (NASDAQ:FRPT). Hood River Cap Mgmt Ltd Com has 295,451 shares for 0.42% of their portfolio.

The stock of Freshpet Inc (NASDAQ:FRPT) registered a decrease of 8.16% in short interest. FRPT’s total short interest was 2.76M shares in December as published by FINRA. Its down 8.16% from 3.00 million shares, reported previously. With 230,500 shares average volume, it will take short sellers 12 days to cover their FRPT’s short positions. The short interest to Freshpet Inc’s float is 11.97%.

The stock decreased 2.43% or $0.79 during the last trading session, reaching $31.72. About 190,598 shares traded. Freshpet, Inc. (NASDAQ:FRPT) has risen 132.60% since December 8, 2017 and is uptrending. It has outperformed by 116.98% 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 $1.13 billion. 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 3 analysts covering Freshpet (NASDAQ:FRPT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Freshpet had 5 analyst reports since June 19, 2018 according to SRatingsIntel. Credit Suisse maintained Freshpet, Inc. (NASDAQ:FRPT) on Tuesday, August 7 with “Neutral” rating. The company was maintained on Tuesday, August 7 by Stifel Nicolaus. The company was maintained on Monday, July 30 by Robert W. Baird. The rating was maintained by Credit Suisse with “Neutral” on Monday, August 13. The stock has “Neutral” rating by Credit Suisse on Tuesday, June 19.

More notable recent Freshpet, Inc. (NASDAQ:FRPT) news were published by: Nasdaq.com which released: “Freshpet, Inc. Announces Filing of Shelf Registration Statement on Form S-3 – Nasdaq” on September 06, 2018, also Seekingalpha.com with their article: “Freshpet Inc (FRPT) CEO Billy Cyr on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 05, 2018, Seekingalpha.com published: “Freshpet’s (FRPT) CEO Billy Cyr on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” on May 07, 2018. More interesting news about Freshpet, Inc. (NASDAQ:FRPT) were released by: Nasdaq.com and their article: “Noteworthy Monday Option Activity: IBM, AVEO, FRPT – Nasdaq” published on November 05, 2018 as well as Seekingalpha.com‘s news article titled: “Freshpet: Limited Upside For Now – Seeking Alpha” with publication date: March 21, 2018.

Freshpet, Inc. (NASDAQ:FRPT) Ratings Chart

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