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

Premium Brands Holdings Co. (OTCMKTS:PRBZF) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 482,800 shares, a drop of 13.6% from the December 15th total of 559,000 shares. Based on an average trading volume of 6,000 shares, the days-to-cover ratio is currently 80.5 days.

Premium Brands Stock Performance

Shares of OTCMKTS:PRBZF remained flat at $54.73 on Friday. 1,012 shares of the stock traded hands, compared to its average volume of 3,218. The company has a fifty day moving average of $56.24 and a 200 day moving average of $62.77. Premium Brands has a 52 week low of $54.73 and a 52 week high of $70.00.

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.