PowerShares Golden Dragon China ETF (PGJ) Forms $45.06 Double Top; ITALIAN FOOD & BEVERAGE CORPORATION (IFBC) Sellers Increased By 237.26% Their Shorts

PowerShares Golden Dragon China ETF (PGJ) formed double top with $49.12 target or 9.00% above today’s $45.06 share price. PowerShares Golden Dragon China ETF (PGJ) has $230.60 million valuation. The ETF decreased 0.35% or $0.16 during the last trading session, reaching $45.06. About 7,509 shares traded. PowerShares Golden Dragon China ETF (NASDAQ:PGJ) has risen 39.62% since December 26, 2016 and is uptrending. It has outperformed by 22.92% the S&P500.

ITALIAN FOOD & BEVERAGE CORPORATION (OTCMKTS:IFBC) had an increase of 237.26% in short interest. IFBC’s SI was 174,700 shares in December as released by FINRA. Its up 237.26% from 51,800 shares previously. With 317,500 avg volume, 1 days are for ITALIAN FOOD & BEVERAGE CORPORATION (OTCMKTS:IFBC)’s short sellers to cover IFBC’s short positions. The stock increased 7.69% or $0.001 during the last trading session, reaching $0.007. About shares traded. Italian Food and Beverage Corporation (OTCMKTS:IFBC) has 0.00% since December 26, 2016 and is . It has underperformed by 16.70% the S&P500.

Italian Food & Beverage Corporation operates as an producer, importer, exporter, distributer, and dealer of wines and Italian food products worldwide. The company has market cap of $. The firm operates an online store under the Just Wine brand; manages a restaurant under the Original Italian Food and Beverage brand in Singapore; sells foodstuffs under the Pizzaria brand; and provides travel agency services under the Just Wine Travel brand, as well as engages in the scouting, selection, and sale of French wines under the deGustate brand. It currently has negative earnings. It also owns and operates a Mia Pizza Mia Pasta and Italian Halal Restaurant.