Short Interest in Pinewood Technologies Group PLC (OTCMKTS:PINWF) Decreases By 43.1%

Pinewood Technologies Group PLC (OTCMKTS:PINWFGet Free Report) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 229,982 shares, a drop of 43.1% from the July 30th total of 403,853 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 5,204 shares, the days-to-cover ratio is currently 44.2 days.

Pinewood Technologies Group Trading Up 1.0%

OTCMKTS:PINWF opened at $5.93 on Friday. Pinewood Technologies Group has a one year low of $2.85 and a one year high of $6.50. The firm’s 50 day simple moving average is $4.82 and its 200 day simple moving average is $4.16.

Pinewood Technologies Group Company Profile

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Pinewood Technologies Group PLC is an automotive software provider. The Company is engaged in the dealer management software business. Pinewood Technologies Group PLC, formerly known as Pendragon PLC, is based in United Kingdom.

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