Pinewood Technologies Group PLC (OTCMKTS:PINWF) Short Interest Down 43.1% in August

Pinewood Technologies Group PLC (OTCMKTS:PINWF) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 229,982 shares, a decline of 43.1% from the July 30th total of 403,853 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 5,204 shares, the days-to-cover ratio is currently 44.2 days.

Pinewood Technologies Group Stock Performance

PINWF stock opened at $5.93 on Tuesday. Pinewood Technologies Group has a 12 month low of $2.85 and a 12 month high of $6.50. The firm has a 50-day moving average of $4.87 and a two-hundred day moving average of $4.14.

About Pinewood Technologies Group

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.