Pinnacle Food Group Limited (NASDAQ:PFAI) Sees Significant Decrease in Short Interest

Pinnacle Food Group Limited (NASDAQ:PFAI) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 12,448 shares, a decline of 93.3% from the October 15th total of 186,847 shares. Based on an average daily volume of 94,772 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Pinnacle Food Group Trading Up 3.4%

NASDAQ PFAI traded up $0.09 during trading hours on Thursday, hitting $2.75. 81,795 shares of the company were exchanged, compared to its average volume of 82,603. The stock has a 50-day moving average price of $3.25 and a 200 day moving average price of $3.16. Pinnacle Food Group has a 52 week low of $2.00 and a 52 week high of $7.02.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Pinnacle Food Group in a research note on Wednesday, November 4th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has an average rating of “Sell”.

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.