Premium Brands Holdings Co. (OTCMKTS:PRBZF) Short Interest Update

Premium Brands Holdings Co. (OTCMKTS:PRBZF) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 348,600 shares, a decrease of 17.8% from the March 15th total of 423,900 shares. Based on an average trading volume of 12,900 shares, the short-interest ratio is currently 27.0 days.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada restated a “sector perform” rating on shares of Premium Brands in a research report on Friday, March 21st.

Premium Brands Stock Performance

Shares of PRBZF stock opened at $56.12 on Tuesday. The business has a fifty day simple moving average of $54.24 and a 200 day simple moving average of $57.12. Premium Brands has a twelve month low of $51.21 and a twelve month high of $70.00.

Premium Brands Company Profile

Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Food Distribution. The company provides processed meat, deli products, meat snacks, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, entrees, panini, wraps, subs, hamburgers, burgers, salads and kettle products, muffins, breads, pastas, pizza, and baking and sushi products.