Pinnacle Renewable Energy Inc. (OTCMKTS:PINWF) Short Interest Up 166.7% in March

Pinnacle Renewable Energy Inc. (OTCMKTS:PINWF - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 3,200 shares, a growth of 166.7% from the March 15th total of 1,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Currently, 0.0% of the shares of the company are short sold.

Pinnacle Renewable Energy Trading Down 2.3 %

Shares of PINWF stock traded down $0.10 during mid-day trading on Friday, reaching $4.18. 500 shares of the company's stock traded hands, compared to its average volume of 733. Pinnacle Renewable Energy has a 12 month low of $4.00 and a 12 month high of $5.03. The firm has a 50 day moving average price of $4.44 and a two-hundred day moving average price of $7.36.

Pinnacle Renewable Energy Company Profile

Pinnacle Renewable Energy Inc, together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power.