Porsche Automobil Holding SE (OTCMKTS:POAHY) Short Interest Update

Porsche Automobil Holding SE (OTCMKTS:POAHY) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 4,200 shares, a decrease of 86.8% from the November 30th total of 31,800 shares. Based on an average daily volume of 1,537,100 shares, the short-interest ratio is currently 0.0 days.

Porsche Automobil Stock Performance

Shares of OTCMKTS POAHY traded up $0.04 during trading on Thursday, reaching $3.65. 626,040 shares of the stock were exchanged, compared to its average volume of 361,241. The business’s 50-day moving average price is $3.81 and its 200 day moving average price is $4.23. The company has a current ratio of 15.57, a quick ratio of 8.63 and a debt-to-equity ratio of 0.13. Porsche Automobil has a twelve month low of $3.47 and a twelve month high of $5.58.

Wall Street Analysts Forecast Growth

POAHY has been the subject of a number of analyst reports. Citigroup raised shares of Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 23rd. UBS Group cut shares of Porsche Automobil from a “hold” rating to a “strong sell” rating in a research note on Monday, December 9th. Finally, Barclays cut Porsche Automobil from a “hold” rating to a “strong sell” rating in a report on Thursday, October 3rd.

About Porsche Automobil

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.