Pinnacle Renewable Energy Inc. (OTCMKTS:PINWF) Short Interest Down 18.8% in February

Pinnacle Renewable Energy Inc. (OTCMKTS:PINWF - Get Free Report) was the recipient of a significant decrease in short interest during 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. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 13.0 days. Approximately 0.0% of the shares of the stock are sold short.

Pinnacle Renewable Energy Price Performance

Shares of Pinnacle Renewable Energy stock remained flat at $4.49 during midday trading on Friday. Pinnacle Renewable Energy has a 12 month low of $4.00 and a 12 month high of $5.03. The company has a 50 day moving average of $6.28 and a 200 day moving average of $8.06.

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.