Pineapple Financial Inc. (NYSEAMERICAN:PAPL) Short Interest Update

Pineapple Financial Inc. (NYSEAMERICAN:PAPL) was the target of a large increase in short interest in July. As of July 15th, there was short interest totalling 28,200 shares, an increase of 156.4% from the June 30th total of 11,000 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 265,400 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, EF Hutton Acquisition Co. I raised Pineapple Financial to a “strong-buy” rating in a research note on Wednesday, May 29th.

Pineapple Financial Stock Up 16.4 %

PAPL stock traded up $0.15 during trading on Friday, hitting $1.10. 362,887 shares of the company traded hands, compared to its average volume of 165,636. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.52 and a current ratio of 1.52. Pineapple Financial has a 1 year low of $0.61 and a 1 year high of $4.25.

About Pineapple Financial

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.