Short Interest in Pinewood Technologies Group PLC (OTCMKTS:PINWF) Drops By 43.1%

Pinewood Technologies Group PLC (OTCMKTS:PINWFGet Free Report) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 229,982 shares, a drop of 43.1% from the July 30th total of 403,853 shares. Based on an average daily volume of 5,204 shares, the short-interest ratio is currently 44.2 days. Approximately 0.2% of the shares of the stock are short sold.

Pinewood Technologies Group Stock Performance

PINWF remained flat at $5.93 during trading on Monday. The company’s stock had a trading volume of 858 shares, compared to its average volume of 2,728. The company’s 50 day moving average price is $4.82 and its 200 day moving average price is $4.15. Pinewood Technologies Group has a 52-week low of $2.85 and a 52-week high of $6.50.

About Pinewood Technologies Group

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Pinewood Technologies Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinewood Technologies Group and related companies with MarketBeat.com's FREE daily email newsletter.