Pineapple Financial Inc. (NYSEAMERICAN:PAPL) Short Interest Down 84.4% in March

Pineapple Financial Inc. (NYSEAMERICAN:PAPL) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 5,000 shares, a drop of 84.4% from the February 29th total of 32,000 shares. Based on an average trading volume of 57,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Pineapple Financial

A hedge fund recently bought a new stake in Pineapple Financial stock. Virtu Financial LLC purchased a new stake in shares of Pineapple Financial Inc. (NYSEAMERICAN:PAPL) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,032 shares of the company’s stock, valued at approximately $27,000. Virtu Financial LLC owned approximately 0.21% of Pineapple Financial as of its most recent SEC filing. Institutional investors and hedge funds own 0.25% of the company’s stock.

Pineapple Financial Stock Up 8.5 %

PAPL traded up $0.11 on Wednesday, reaching $1.41. The company had a trading volume of 60,724 shares, compared to its average volume of 51,714. Pineapple Financial has a 52-week low of $1.20 and a 52-week high of $4.25.

Pineapple Financial (NYSEAMERICAN:PAPL) last announced its quarterly earnings data on Tuesday, January 16th. The company reported ($0.14) earnings per share (EPS) for the quarter. The firm had revenue of $0.57 million for the quarter.

Pineapple Financial Company Profile

Pineapple Financial Inc operates as a mortgage technology and brokerage company in Canada. The company provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers; and mortgage consultation services through field agents. It also operates MyPineapple, a technology platform that allows users to conduct their brokerage services.