Pinnacle Food Group Limited (NASDAQ:PFAI) Short Interest Up 51.1% in March

Pinnacle Food Group Limited (NASDAQ:PFAI) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 10,705 shares, a growth of 51.1% from the February 26th total of 7,085 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 11,059 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Investors Weigh In On Pinnacle Food Group

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

Pinnacle Food Group Stock Up 7.8%

Pinnacle Food Group stock traded up $0.19 during trading on Friday, reaching $2.62. 4,231 shares of the company’s stock were exchanged, compared to its average volume of 7,270. Pinnacle Food Group has a 52-week low of $1.30 and a 52-week high of $4.93. The company’s 50-day moving average is $2.29 and its two-hundred day moving average is $2.31.

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.