Premier Foods plc (OTCMKTS:PRRFY) Sees Large Decline in Short Interest

Premier Foods plc (OTCMKTS:PRRFY) was the recipient of a large decrease in short interest in 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. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 400 shares, the short-interest ratio is currently 2.0 days.

Premier Foods Price Performance

Premier Foods stock traded up $0.55 during trading on Friday, reaching $12.50. The company had a trading volume of 105 shares, compared to its average volume of 547. The firm’s 50-day simple moving average is $11.92 and its 200 day simple moving average is $12.08. Premier Foods has a 52 week low of $9.18 and a 52 week high of $12.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.19 and a quick ratio of 0.76.

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.