Pinnacle Food Group Limited (NASDAQ:PFAI) Short Interest Up 44.0% in December

Pinnacle Food Group Limited (NASDAQ:PFAI) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 25,373 shares, a growth of 44.0% from the December 15th total of 17,617 shares. Based on an average daily trading volume, of 5,565 shares, the short-interest ratio is presently 4.6 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 5,565 shares, the short-interest ratio is presently 4.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Pinnacle Food Group stock. Marex Group plc acquired a new position in shares of Pinnacle Food Group Limited (NASDAQ:PFAI) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 37,733 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned approximately 0.32% of Pinnacle Food Group at the end of the most recent reporting period.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Pinnacle Food Group in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Pinnacle Food Group currently has an average rating of “Sell”.

Pinnacle Food Group Stock Performance

Pinnacle Food Group stock traded up $0.07 during midday trading on Friday, hitting $2.20. 16,820 shares of the stock were exchanged, compared to its average volume of 19,914. Pinnacle Food Group has a 1 year low of $1.30 and a 1 year high of $4.93. The company has a 50 day moving average price of $2.28 and a two-hundred day moving average price of $2.14.

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.