Premium Brands Holdings Co. (OTCMKTS:PRBZF – Get Free Report) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 349,200 shares, a decline of 27.8% from the May 15th total of 483,700 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is presently 46.6 days.
Premium Brands Price Performance
OTCMKTS:PRBZF opened at $58.09 on Thursday. Premium Brands has a twelve month low of $51.21 and a twelve month high of $70.00. The company’s 50 day moving average is $57.52 and its two-hundred day moving average is $55.76.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Premium Brands in a research report on Friday, March 21st.
About Premium Brands
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.
Featured Stories
- Five stocks we like better than Premium Brands
- Using the MarketBeat Stock Split Calculator
- Chime’s Smart IPO: Half the Valuation, Double the Strength
- Investing In Automotive Stocks
- Why Quantum Computing Inc. Is the Quiet Winner in Quantum Stocks
- Retail Stocks Investing, Explained
- 3 Catalysts in 7 Days: Archer’s Growth Story Just Accelerated
Receive News & Ratings for Premium Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premium Brands and related companies with MarketBeat.com's FREE daily email newsletter.
