Pinewood Technologies Group PLC (OTCMKTS:PINWF) Sees Significant Decline in Short Interest

Pinewood Technologies Group PLC (OTCMKTS:PINWF – Get Free Report) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 906 shares, a decline of 99.5% from the September 15th total of 191,495 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 905 shares, the short-interest ratio is currently 1.0 days.

Pinewood Technologies Group Stock Performance

Shares of OTCMKTS PINWF remained flat at $5.45 during trading hours on Friday. The firm has a 50 day simple moving average of $5.74 and a two-hundred day simple moving average of $4.36. Pinewood Technologies Group has a 1 year low of $2.85 and a 1 year high of $6.50.

About Pinewood Technologies Group

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Pinewood Technologies Group plc is a United Kingdom-based software company that provides technology solutions for the automotive retail and distribution industries. Its principal product is the Pinewood dealer management system, a cloud-based platform designed to help automotive dealerships manage sales, vehicle inventory, customer relationships, aftersales operations, workshops, accounting and other core business processes.

The company’s software is intended to connect dealership functions through a unified platform, supporting operational efficiency, reporting and customer engagement.

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