Premier Foods plc (OTCMKTS:PRRFY) Short Interest Down 75.0% in May

Premier Foods plc (OTCMKTS:PRRFY - Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 100 shares, a decrease of 75.0% from the May 15th total of 400 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is presently 0.0 days.

Premier Foods Stock Performance

Shares of Premier Foods stock remained flat at $13.70 during mid-day trading on Friday. 16 shares of the company were exchanged, compared to its average volume of 866. The company has a quick ratio of 0.76, a current ratio of 1.19 and a debt-to-equity ratio of 0.24. The company has a fifty day simple moving average of $13.50 and a 200-day simple moving average of $12.43. Premier Foods has a 1-year low of $9.66 and a 1-year high of $14.85.

Wall Street Analyst Weigh In

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

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.