Pinnacle Food Group Limited (NASDAQ:PFAI) Short Interest Up 155.6% in May

Pinnacle Food Group Limited (NASDAQ:PFAIGet Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 2,784 shares, a growth of 155.6% from the April 30th total of 1,089 shares. Based on an average daily trading volume, of 3,194 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings raised Pinnacle Food Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Check Out Our Latest Report on Pinnacle Food Group

Pinnacle Food Group Price Performance

Shares of PFAI stock traded down $0.25 during trading hours on Friday, reaching $3.64. 2,974 shares of the company were exchanged, compared to its average volume of 2,460. Pinnacle Food Group has a fifty-two week low of $1.30 and a fifty-two week high of $4.93. The stock’s fifty day moving average is $3.56 and its two-hundred day moving average is $2.72. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.20 and a quick ratio of 2.19.

Hedge Funds Weigh In On Pinnacle Food Group

A hedge fund recently bought a new stake in Pinnacle Food Group stock. Ground Swell Capital LLC acquired a new stake in shares of Pinnacle Food Group Limited (NASDAQ:PFAIFree Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 12,264 shares of the company’s stock, valued at approximately $35,000. Ground Swell Capital LLC owned approximately 0.10% of Pinnacle Food Group at the end of the most recent reporting period.

Pinnacle Food Group Company Profile

(Get Free Report)

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.

See Also

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