Short Interest in Pizza Pizza Royalty Corp. (OTCMKTS:PZRIF) Decreases By 51.7%

Pizza Pizza Royalty Corp. (OTCMKTS:PZRIFGet Rating) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 15,900 shares, a drop of 51.7% from the April 30th total of 32,900 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 26.5 days.

Separately, TD Securities raised their price target on Pizza Pizza Royalty from C$12.00 to C$14.00 in a research note on Thursday, March 3rd.

Shares of PZRIF stock opened at $9.69 on Friday. Pizza Pizza Royalty has a 1-year low of $8.00 and a 1-year high of $11.82. The stock’s 50-day moving average is $10.56 and its 200 day moving average is $9.90.

About Pizza Pizza Royalty (Get Rating)

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick service restaurants under the Pizza Pizza and Pizza 73 brands in Canada. It also distributes food. As of December 31, 2021, the company had 727 restaurants in the royalty pool. Pizza Pizza Royalty Corp.

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