Short Interest in Pinnacle Food Group Limited (NASDAQ:PFAI) Expands By 155.6%

Pinnacle Food Group Limited (NASDAQ:PFAI) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 2,784 shares, a growth of 155.6% from the April 30th total of 1,089 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,194 shares, the short-interest ratio is currently 0.9 days.

Pinnacle Food Group Stock Performance

Shares of Pinnacle Food Group stock traded down $0.25 on Friday, reaching $3.64. 2,974 shares of the stock were exchanged, compared to its average volume of 2,584. Pinnacle Food Group has a 1-year low of $1.30 and a 1-year high of $4.93. The company has a current ratio of 2.20, a quick ratio of 2.19 and a debt-to-equity ratio of 0.24. The business has a fifty day moving average price of $3.56 and a two-hundred day moving average price of $2.72.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Pinnacle Food Group stock. Ground Swell Capital LLC purchased a new stake in Pinnacle Food Group Limited (NASDAQ:PFAI) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 12,264 shares of the company’s stock, valued at approximately $35,000. Ground Swell Capital LLC owned 0.10% of Pinnacle Food Group at the end of the most recent reporting period.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Pinnacle Food Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, May 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average 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.