Pinnacle Food Group Limited (NASDAQ:PFAI) Stock Short Interest Rises 2,785.7%

Pinnacle Food Group Limited (NASDAQ:PFAI) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 186,847 shares, a growth of 2,785.7% from the September 30th total of 6,475 shares. Based on an average daily trading volume, of 6,356,164 shares, the short-interest ratio is presently 0.0 days. Currently, 1.6% of the shares of the company are sold short.

Pinnacle Food Group Trading Down 0.3%

PFAI stock traded down $0.01 during mid-day trading on Monday, hitting $3.40. 14,153 shares of the stock were exchanged, compared to its average volume of 3,584,907. The business has a fifty day moving average price of $3.14 and a 200 day moving average price of $3.09. Pinnacle Food Group has a 12 month low of $2.00 and a 12 month high of $7.02.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Pinnacle Food Group in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Pinnacle Food Group Company Profile

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.