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

P/F Bakkafrost (OTCMKTS:BKFKF) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 42,400 shares, a decrease of 18.0% from the December 15th total of 51,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 424.0 days.

P/F Bakkafrost Stock Performance

BKFKF remained flat at $51.40 during midday trading on Friday. P/F Bakkafrost has a 1 year low of $48.06 and a 1 year high of $64.30. The company’s fifty day moving average is $56.55 and its 200 day moving average is $54.74.

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.