Premier Foods PLC. (OTCMKTS:PRRFY) Sees Significant Decrease in Short Interest

Key Points

• Premier Foods PLC experienced a significant decrease in short interest, dropping by 77.8% from 900 shares to 200 shares as of September 30th.
• The stock price of Premier Foods declined by 1.6%, opening at $12.50, with a current 52-week range between $10.45 and $14.85.
• The company's debt-to-equity ratio stands at 0.23, indicating a relatively low level of debt compared to equity.

Premier Foods PLC. (OTCMKTS:PRRFY - ) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 200 shares, a decrease of 77.8% from the September 15th total of 900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

Premier Foods Stock Down 1.6%

Shares of Premier Foods stock opened at $12.50 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.13 and a current ratio of 1.51. The stock's 50-day simple moving average is $12.87 and its 200-day simple moving average is $13.16. Premier Foods has a 52 week low of $10.45 and a 52 week high of $14.85.

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.

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