Pinewood Technologies Group PLC (OTCMKTS:PINWF) Sees Large Decline in Short Interest

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

Pinewood Technologies Group Stock Performance

Pinewood Technologies Group stock remained flat at $5.45 during midday trading on Friday. Pinewood Technologies Group has a 12 month low of $2.85 and a 12 month high of $6.50. The business has a 50 day simple moving average of $5.74 and a 200-day simple moving average of $4.36.

About Pinewood Technologies Group

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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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