Premier Foods plc (OTCMKTS:PRRFY) Sees Large Growth in Short Interest

Premier Foods plc (OTCMKTS:PRRFY) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,300 shares, a growth of 30.0% from the January 31st total of 1,000 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 6.5 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upgraded Premier Foods to a “moderate buy” rating in a report on Monday, November 18th.

Premier Foods Stock Performance

PRRFY stock remained flat at $11.77 during midday trading on Wednesday. The company had a trading volume of 9 shares, compared to its average volume of 614. The firm has a 50-day simple moving average of $11.67 and a two-hundred day simple moving average of $12.00. Premier Foods has a one year low of $9.18 and a one year high of $12.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.19 and a quick ratio of 0.76.

About Premier Foods

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.