What’s Ahead for PINECREST INVESTMNT (OTCMKTS:ACOL) After Less Shorted Shares?

June 20, 2017 - By Peter Erickson

The stock of PINECREST INVESTMNT (OTCMKTS:ACOL) registered a decrease of 85.83% in short interest. ACOL’s total short interest was 51,700 shares in June as published by FINRA. Its down 85.83% from 364,900 shares, reported previously.

It closed at $0.0162 lastly. It is down 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Acology, Inc. is a holding company. The Company, through its subsidiary, D&C Distributors LLC, is engaged in designing, manufacturing, branding and selling plastic medical grade containers. The company has market cap of $89.30 million. The Company’s plastic medical grade containers can store pharmaceuticals, herbs, teas, and other solids or liquids, and also grinds solids and shred herbs. It currently has negative earnings. Through its subsidiary, D&C Printing LLC, it is engaged in the business of private labeling and branding for purchasers of containers and other products.

More recent Acology Inc (OTCMKTS:ACOL) news were published by: Marketwired.com which released: “Acology Announces MedTainer Sales on Pace for Record Year” on October 31, 2016. Also Marketwatch.com published the news titled: “0.0152” on May 28, 2014. Marketwired.com‘s news article titled: “Acology Poised to Capture Canada” with publication date: November 07, 2016 was also an interesting one.

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