Pinnacle Food Group Limited (NASDAQ:PFAI) Short Interest Update

Pinnacle Food Group Limited (NASDAQ:PFAI) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 2,342 shares, an increase of 100.2% from the March 31st total of 1,170 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 10,051 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Pinnacle Food Group in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Pinnacle Food Group presently has an average rating of “Sell”.

Pinnacle Food Group Stock Up 0.8%

NASDAQ PFAI traded up $0.03 on Friday, reaching $4.01. 2,801 shares of the company’s stock traded hands, compared to its average volume of 7,810. Pinnacle Food Group has a 12 month low of $1.30 and a 12 month high of $4.93. The stock has a 50-day simple moving average of $2.87 and a 200 day simple moving average of $2.56.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Pinnacle Food Group stock. Ground Swell Capital LLC purchased a new stake in shares of Pinnacle Food Group Limited (NASDAQ:PFAI) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 12,264 shares of the company’s stock, valued at approximately $35,000. Ground Swell Capital LLC owned about 0.10% of Pinnacle Food Group at the end of the most recent reporting period.

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.