Prada S.p.A. (OTCMKTS:PRDSF) Short Interest Down 60.3% in November

Prada S.p.A. (OTCMKTS:PRDSF) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 81,500 shares, a decrease of 60.3% from the October 31st total of 205,100 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 18.1 days.

Prada Stock Performance

Shares of PRDSF remained flat at $6.92 during midday trading on Thursday. Prada has a 1 year low of $5.16 and a 1 year high of $8.69. The firm’s fifty day simple moving average is $7.02 and its 200 day simple moving average is $7.26.

About Prada

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.