Short Interest in Pinewood Technologies Group PLC (OTCMKTS:PINWF) Declines By 45.1%

Pinewood Technologies Group PLC (OTCMKTS:PINWF) was the recipient of a large drop in short interest in February. As of February 13th, there was short interest totaling 183,999 shares, a drop of 45.1% from the January 29th total of 335,311 shares. Based on an average daily volume of 1,897 shares, the short-interest ratio is currently 97.0 days. Based on an average daily volume of 1,897 shares, the short-interest ratio is currently 97.0 days.

Pinewood Technologies Group Stock Performance

Pinewood Technologies Group stock opened at $4.05 on Friday. The firm’s 50-day simple moving average is $5.15 and its 200 day simple moving average is $5.37. Pinewood Technologies Group has a 52 week low of $4.00 and a 52 week high of $7.25.

About Pinewood Technologies Group

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.