Short Interest in Premier Foods plc (OTCMKTS:PRRFY) Rises By 33.3%

Premier Foods plc (OTCMKTS:PRRFY - Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 400 shares, an increase of 33.3% from the April 30th total of 300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 300 shares, the short-interest ratio is currently 1.3 days.

Premier Foods Trading Up 7.7%

OTCMKTS PRRFY traded up $1.05 during trading on Friday, hitting $14.60. 118 shares of the company's stock traded hands, compared to its average volume of 886. Premier Foods has a 12-month low of $9.66 and a 12-month high of $14.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.19 and a quick ratio of 0.76. The business has a 50 day moving average of $13.27 and a 200-day moving average of $12.35.

Analyst Ratings Changes

Separately, Royal Bank of Canada cut Premier Foods from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, May 27th.

Premier Foods Company Profile

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.