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

Pinewood Technologies Group PLC (OTCMKTS:PINWF) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 331,343 shares, an increase of 19.5% from the December 15th total of 277,253 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 331,343.0 days. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 331,343.0 days.

Pinewood Technologies Group Price Performance

OTCMKTS:PINWF opened at $4.56 on Wednesday. Pinewood Technologies Group has a 52 week low of $4.18 and a 52 week high of $7.25. The firm’s fifty day moving average is $4.60 and its 200-day moving average is $5.44.

Pinewood Technologies Group Company Profile

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.