Short Interest in Premier Foods plc (OTCMKTS:PRRFY) Expands By 30.0%

Premier Foods plc (OTCMKTS:PRRFY) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,300 shares, an increase of 30.0% from the January 31st total of 1,000 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 6.5 days.

Premier Foods Stock Performance

OTCMKTS:PRRFY remained flat at $11.77 during trading hours on Tuesday. The company’s stock had a trading volume of 1,524 shares, compared to its average volume of 614. The stock has a 50-day moving average of $11.66 and a 200 day moving average of $12.00. Premier Foods has a twelve month low of $9.18 and a twelve month high of $12.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.19 and a quick ratio of 0.76.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded Premier Foods to a “moderate buy” rating in a research note on Monday, November 18th.

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.