Pinewood Technologies Group PLC (OTCMKTS:PINWF) Short Interest Down 23.8% in March

Pinewood Technologies Group PLC (OTCMKTS:PINWF) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 205,652 shares, a drop of 23.8% from the February 26th total of 269,731 shares. Based on an average daily trading volume, of 7,020 shares, the short-interest ratio is presently 29.3 days. Currently, 0.3% of the company’s stock are sold short.

Pinewood Technologies Group Price Performance

Shares of Pinewood Technologies Group stock opened at $3.56 on Tuesday. The firm’s 50 day moving average price is $4.78 and its 200-day moving average price is $4.96. Pinewood Technologies Group has a 52-week low of $3.41 and a 52-week high of $7.25.

About Pinewood Technologies Group

Pinewood Technologies Group PLC is an automotive software provider. The Company is engaged in the dealer management software business. Pinewood Technologies Group PLC, formerly known as Pendragon PLC, is based in United Kingdom.