Premium Brands Holdings Co. (OTCMKTS:PRBZF) Sees Significant Decrease in Short Interest

Premium Brands Holdings Co. (OTCMKTS:PRBZF) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 405,400 shares, a decrease of 23.9% from the September 15th total of 532,800 shares. Based on an average daily trading volume, of 3,400 shares, the days-to-cover ratio is currently 119.2 days.

Premium Brands Stock Performance

Shares of PRBZF stock remained flat at $67.52 during mid-day trading on Friday. 231 shares of the company’s stock traded hands, compared to its average volume of 3,283. The stock’s 50-day moving average price is $66.04 and its two-hundred day moving average price is $65.80. Premium Brands has a 1-year low of $60.57 and a 1-year high of $72.08.

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.