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

Premier Foods plc (OTCMKTS:PFODF) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 3,800 shares, a decline of 62.0% from the November 30th total of 10,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Premier Foods Stock Performance

Shares of PFODF remained flat at $2.50 during midday trading on Friday. The stock has a 50-day moving average price of $2.50 and a 200-day moving average price of $2.33. Premier Foods has a fifty-two week low of $1.41 and a fifty-two week high of $2.55.

Premier Foods Company Profile

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.