Pinewood Technologies Group PLC (OTCMKTS:PINWF) Short Interest Update

Pinewood Technologies Group PLC (OTCMKTS:PINWF) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 12,400 shares, a growth of 55.0% from the September 15th total of 8,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 124.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 124.0 days.

Pinewood Technologies Group Stock Performance

Shares of PINWF opened at $5.42 on Wednesday. The business has a fifty day moving average of $6.06 and a 200 day moving average of $5.20. Pinewood Technologies Group has a 52-week low of $4.14 and a 52-week high of $7.25.

About Pinewood Technologies Group

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.