Premier Foods plc (OTCMKTS:PFODF) Sees Large Decline in Short Interest

Premier Foods plc (OTCMKTS:PFODF) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 44,903 shares, a drop of 52.8% from the January 29th total of 95,183 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Premier Foods Stock Performance

PFODF stock remained flat at $2.48 during mid-day trading on Friday. Premier Foods has a 1 year low of $2.24 and a 1 year high of $2.55. The firm has a fifty day moving average price of $2.50 and a 200 day moving average price of $2.54.

Premier Foods Company Profile

Premier Foods plc is a leading British food manufacturer and supplier of ambient grocery products. Headquartered in St. Albans, England, the company develops, produces and markets a broad portfolio of branded and specialty food products across sweet and savory categories. Premier Foods serves major retailers in the United Kingdom and exports selected brands to markets in Europe, North America and Asia.

The company’s portfolio includes well-known household names such as Bisto gravies and sauces, Oxo stock cubes, Mr Kipling baked goods, Sharwood’s Asian cooking sauces, Branston pickles, Ambrosia custards and rice puddings, Loyd Grossman pasta sauces, and Cadbury cakes.