Pinnacle Food Group Limited (NASDAQ:PFAI) Short Interest Up 44.0% in December

Pinnacle Food Group Limited (NASDAQ:PFAI) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 25,373 shares, a growth of 44.0% from the December 15th total of 17,617 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 5,565 shares, the short-interest ratio is presently 4.6 days. Based on an average daily volume of 5,565 shares, the short-interest ratio is presently 4.6 days. Approximately 0.2% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Pinnacle Food Group in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Pinnacle Food Group

A hedge fund recently bought a new stake in Pinnacle Food Group stock. Marex Group plc purchased a new position in Pinnacle Food Group Limited (NASDAQ:PFAI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 37,733 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned about 0.32% of Pinnacle Food Group at the end of the most recent quarter.

Pinnacle Food Group Trading Up 3.3%

Shares of NASDAQ PFAI traded up $0.07 during midday trading on Friday, hitting $2.20. The company’s stock had a trading volume of 16,820 shares, compared to its average volume of 19,914. Pinnacle Food Group has a 1-year low of $1.30 and a 1-year high of $4.93. The firm’s fifty day moving average price is $2.28 and its 200-day moving average price is $2.14.

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.