Premier Foods plc (OTCMKTS:PRRFY) Sees Significant Increase in Short Interest

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

Analysts Set New Price Targets

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

Premier Foods Price Performance

Shares of OTCMKTS:PRRFY remained flat at $11.77 on Thursday. Premier Foods has a twelve month low of $9.18 and a twelve month high of $12.85. 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 firm’s 50-day moving average is $11.68 and its two-hundred day moving average is $12.00.

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.