Virtu Financial LLC Sells 146,481 Shares of Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)

Virtu Financial LLC cut its position in shares of Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) by 51.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 140,598 shares of the company’s stock after selling 146,481 shares during the quarter. Virtu Financial LLC owned approximately 0.30% of Hydrofarm Holdings Group worth $97,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Renaissance Technologies LLC grew its position in Hydrofarm Holdings Group by 6.7% during the second quarter. Renaissance Technologies LLC now owns 730,600 shares of the company’s stock valued at $504,000 after acquiring an additional 45,800 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Hydrofarm Holdings Group by 5.9% during the 3rd quarter. Geode Capital Management LLC now owns 475,634 shares of the company’s stock valued at $328,000 after purchasing an additional 26,350 shares during the last quarter. Jane Street Group LLC raised its position in Hydrofarm Holdings Group by 82.2% in the 3rd quarter. Jane Street Group LLC now owns 45,115 shares of the company’s stock worth $31,000 after purchasing an additional 20,357 shares during the period. Finally, XTX Topco Ltd lifted its stake in Hydrofarm Holdings Group by 80.3% in the third quarter. XTX Topco Ltd now owns 42,982 shares of the company’s stock worth $30,000 after purchasing an additional 19,147 shares during the last quarter. Institutional investors own 26.61% of the company’s stock.

Hydrofarm Holdings Group Stock Performance

NASDAQ HYFM opened at $0.61 on Friday. The company has a 50-day simple moving average of $0.66 and a two-hundred day simple moving average of $0.65. Hydrofarm Holdings Group, Inc. has a 12-month low of $0.43 and a 12-month high of $1.20. The firm has a market cap of $28.23 million, a price-to-earnings ratio of -0.43 and a beta of 1.91. The company has a quick ratio of 1.41, a current ratio of 3.24 and a debt-to-equity ratio of 0.51.

About Hydrofarm Holdings Group

Hydrofarm Holdings Group, Inc, together with its subsidiaries, manufactures and distributes controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company provides agricultural lighting devices, indoor climate control equipment, and nutrients, as well as plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment.