Short Interest in Pinewood Technologies Group PLC (OTCMKTS:PINWF) Decreases By 23.8%

Pinewood Technologies Group PLC (OTCMKTS:PINWF) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 205,652 shares, a decrease of 23.8% from the February 26th total of 269,731 shares. Based on an average trading volume of 7,020 shares, the days-to-cover ratio is currently 29.3 days. Currently, 0.3% of the shares of the company are short sold.

Pinewood Technologies Group Stock Performance

Shares of OTCMKTS PINWF opened at $3.56 on Monday. Pinewood Technologies Group has a 12-month low of $3.41 and a 12-month high of $7.25. The firm has a 50 day moving average of $4.80 and a 200 day moving average of $4.98.

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.