Premier Foods plc (OTCMKTS:PFODF) Short Interest Update

Premier Foods plc (OTCMKTS:PFODF) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 53,697 shares, a decline of 77.9% from the May 31st total of 242,487 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Premier Foods Stock Performance

Premier Foods stock opened at $2.42 on Friday. The company’s 50-day moving average is $2.42 and its two-hundred day moving average is $2.45. Premier Foods has a 1 year low of $2.24 and a 1 year high of $2.55.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Premier Foods in a research report on Friday, May 15th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Premier Foods has a consensus rating of “Moderate Buy”.

Premier Foods Company Profile

Premier Foods plc is a leading British food manufacturer and supplier of ambient grocery products. Headquartered in St. Albans, England, the company develops, produces and markets a broad portfolio of branded and specialty food products across sweet and savory categories. Premier Foods serves major retailers in the United Kingdom and exports selected brands to markets in Europe, North America and Asia.

The company’s portfolio includes well-known household names such as Bisto gravies and sauces, Oxo stock cubes, Mr Kipling baked goods, Sharwood’s Asian cooking sauces, Branston pickles, Ambrosia custards and rice puddings, Loyd Grossman pasta sauces, and Cadbury cakes.