Pinnacle Food Group Limited (NASDAQ:PFAI – Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 13,164 shares, an increase of 72.8% from the January 15th total of 7,620 shares. Based on an average daily trading volume, of 31,523 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 31,523 shares, the short-interest ratio is currently 0.4 days.
Pinnacle Food Group Stock Performance
Shares of PFAI stock traded down $0.04 on Friday, reaching $2.20. 239 shares of the stock were exchanged, compared to its average volume of 24,059. Pinnacle Food Group has a twelve month low of $1.30 and a twelve month high of $4.93. The business’s 50 day moving average price is $2.20 and its 200 day moving average price is $2.18.
Institutional Investors Weigh In On Pinnacle Food Group
An institutional investor recently bought a new position in Pinnacle Food Group stock. Marex Group plc bought a new position in shares of Pinnacle Food Group Limited (NASDAQ:PFAI – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 37,733 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned approximately 0.32% of Pinnacle Food Group as of its most recent filing with the SEC.
Pinnacle Food Group Company Profile
Our Mission We are committed to becoming a leader in the field of smart farming solution services, focusing on vertical and hydroponic farming. Our goal is to promote sustainable food security by developing and building customized smart farming systems based on the systematic integration of technology, hardware and software, coupled with a full range of integrated technical and supply services (Farming as a Service, or FaaS). We currently sell hydroponic growing systems and technical support services to individual households and community groups and are developing a hydroponic growing system for urban farms.
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