Pinnacle Renewable Energy Inc. (OTCMKTS:PINWF) Sees Large Increase in Short Interest

Pinnacle Renewable Energy Inc. (OTCMKTS:PINWF) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 3,200 shares, an increase of 166.7% from the March 15th total of 1,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days.

Pinnacle Renewable Energy Trading Down 2.3 %

Pinnacle Renewable Energy stock traded down $0.10 during mid-day trading on Thursday, hitting $4.18. 500 shares of the company’s stock were exchanged, compared to its average volume of 733. The stock has a 50 day moving average of $4.45 and a two-hundred day moving average of $7.43. Pinnacle Renewable Energy has a 1-year low of $4.00 and a 1-year high of $5.03.

Pinnacle Renewable Energy Company Profile

Pinnacle Renewable Energy Inc, together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power.