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

Pinnacle Food Group Limited (NASDAQ:PFAI) was the recipient of a significant growth in short interest during the month of 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. Approximately 1.6% of the company’s stock are short sold. Based on an average daily trading volume, of 6,356,164 shares, the days-to-cover ratio is currently 0.0 days.

Pinnacle Food Group Stock Down 0.3%

Shares of PFAI stock traded down $0.01 during trading hours on Monday, reaching $3.40. The company had a trading volume of 14,153 shares, compared to its average volume of 3,584,907. Pinnacle Food Group has a 12 month low of $2.00 and a 12 month high of $7.02. The business has a fifty day simple moving average of $3.14 and a 200-day simple moving average of $3.09.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Pinnacle Food Group in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company 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.