Pinewood Technologies Group PLC (OTCMKTS:PINWF) Shares Shorted: Short Interest Down 99.5% in September

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

Pinewood Technologies Group Price Performance

OTCMKTS:PINWF remained flat at $5.45 on Friday. Pinewood Technologies Group has a 1 year low of $2.85 and a 1 year high of $6.50. The business’s fifty day simple moving average is $5.74 and its 200-day simple moving average is $4.36.

Pinewood Technologies Group Company Profile

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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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