Short Interest in Premier Foods plc (OTCMKTS:PRRFY) Declines By 38.5%

Premier Foods plc (OTCMKTS:PRRFY) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 800 shares, a decrease of 38.5% from the February 28th total of 1,300 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 2.0 days.

Premier Foods Stock Performance

Shares of Premier Foods stock traded up $0.55 on Friday, hitting $12.50. The stock had a trading volume of 105 shares, compared to its average volume of 547. The company has a quick ratio of 0.76, a current ratio of 1.19 and a debt-to-equity ratio of 0.24. Premier Foods has a one year low of $9.18 and a one year high of $12.85. The stock’s 50-day simple moving average is $11.92 and its two-hundred day simple moving average is $12.08.

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.