Pineapple Financial Inc. (NYSEAMERICAN:PAPL) Short Interest Update

Pineapple Financial Inc. (NYSEAMERICAN:PAPL) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 36,400 shares, an increase of 59.6% from the October 31st total of 22,800 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 106,900 shares, the short-interest ratio is currently 0.3 days.

Pineapple Financial Stock Performance

PAPL traded up $0.02 during trading on Friday, hitting $0.51. 3,686 shares of the company’s stock were exchanged, compared to its average volume of 145,838. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.52 and a current ratio of 1.52. Pineapple Financial has a fifty-two week low of $0.42 and a fifty-two week high of $3.97.

Institutional Trading of Pineapple Financial

An institutional investor recently bought a new position in Pineapple Financial stock. Total Investment Management Inc. acquired a new position in Pineapple Financial Inc. (NYSEAMERICAN:PAPL) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 43,564 shares of the company’s stock, valued at approximately $30,000. Total Investment Management Inc. owned 0.52% of Pineapple Financial at the end of the most recent quarter. Hedge funds and other institutional investors own 0.25% of the company’s stock.

Pineapple Financial Company Profile

Pineapple Financial Inc operates as a mortgage technology and brokerage company in Canada. The company provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers; and mortgage consultation services through field agents. It also operates MyPineapple, a technology platform that allows users to conduct their brokerage services.