P/F Bakkafrost (OTCMKTS:BKFKF) Sees Significant Decline in Short Interest

P/F Bakkafrost (OTCMKTS:BKFKF) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 29,300 shares, a drop of 25.8% from the October 15th total of 39,500 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 146.5 days.

P/F Bakkafrost Price Performance

OTCMKTS BKFKF remained flat at $57.61 during midday trading on Thursday. The company’s stock had a trading volume of 27 shares, compared to its average volume of 309. The business has a fifty day moving average of $56.07 and a 200-day moving average of $54.43. P/F Bakkafrost has a 52-week low of $46.56 and a 52-week high of $64.30.

About P/F Bakkafrost

P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through seven segments: Fishmeal, Fish Oil and Fish Feed; Freshwater FO; Freshwater SCT; Farming FO; Farming SCT; Services; and Sales & Other.