Pinewood Technologies Group PLC (OTCMKTS:PINWF) Sees Significant Decline in Short Interest

Pinewood Technologies Group PLC (OTCMKTS:PINWF) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 183,999 shares, a drop of 45.1% from the January 29th total of 335,311 shares. Based on an average daily trading volume, of 1,897 shares, the days-to-cover ratio is presently 97.0 days. Based on an average daily trading volume, of 1,897 shares, the days-to-cover ratio is presently 97.0 days.

Pinewood Technologies Group Stock Performance

Shares of OTCMKTS:PINWF opened at $4.05 on Monday. Pinewood Technologies Group has a 12-month low of $4.00 and a 12-month high of $7.25. The stock has a 50 day moving average of $5.15 and a 200 day moving average of $5.35.

About Pinewood Technologies Group

Pinewood Technologies Group PLC is an automotive software provider. The Company is engaged in the dealer management software business. Pinewood Technologies Group PLC, formerly known as Pendragon PLC, is based in United Kingdom.