Pinnacle Renewable Energy Inc. (OTCMKTS:PINWF) Short Interest Update

Pinnacle Renewable Energy Inc. (OTCMKTS:PINWF) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 1,300 shares, a decrease of 18.8% from the February 13th total of 1,600 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 100 shares, the short-interest ratio is currently 13.0 days.

Pinnacle Renewable Energy Price Performance

OTCMKTS PINWF remained flat at $4.49 during midday trading on Wednesday. The stock’s fifty day simple moving average is $6.55 and its 200 day simple moving average is $8.14. Pinnacle Renewable Energy has a fifty-two week low of $4.00 and a fifty-two week high of $5.03.

Pinnacle Renewable Energy Company Profile

Pinnacle Renewable Energy Inc, together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power.