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

Premier Foods plc (OTCMKTS:PRRFY) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 300 shares, an increase of 50.0% from the August 31st total of 200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 3.0 days.

Premier Foods Stock Performance

Shares of OTCMKTS:PRRFY remained flat at $12.85 during midday trading on Friday. 2 shares of the stock traded hands, compared to its average volume of 63. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.14 and a quick ratio of 0.78. The business’s 50 day moving average price is $11.59 and its 200 day moving average price is $10.70. Premier Foods has a one year low of $6.72 and a one year high of $12.85.

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.