Pinnacle Food Group Limited (NASDAQ:PFAI) Stock Short Interest Drops 93.3%

Pinnacle Food Group Limited (NASDAQ:PFAI) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 12,448 shares, a decrease of 93.3% from the October 15th total of 186,847 shares. Based on an average daily volume of 94,772 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Pinnacle Food Group Trading Down 0.6%

Shares of Pinnacle Food Group stock opened at $2.82 on Wednesday. The business’s fifty day moving average price is $3.26 and its 200 day moving average price is $3.15. Pinnacle Food Group has a twelve month low of $2.00 and a twelve month high of $7.02.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Pinnacle Food Group in a research note on Wednesday, November 4th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has an average rating of “Sell”.

About Pinnacle Food Group

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.