Pandora A/S (OTCMKTS:PANDY) Sees Significant Drop in Short Interest

Pandora A/S (OTCMKTS:PANDY) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 4,700 shares, a decline of 17.5% from the May 31st total of 5,700 shares. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is currently 0.5 days.

Pandora A/S Price Performance

PANDY stock traded down $0.44 during midday trading on Friday, hitting $37.89. 6,491 shares of the company’s stock were exchanged, compared to its average volume of 4,744. Pandora A/S has a 1-year low of $22.06 and a 1-year high of $43.24. The business has a 50-day simple moving average of $40.04 and a two-hundred day simple moving average of $38.97.

Pandora A/S (OTCMKTS:PANDY) last posted its earnings results on Thursday, May 2nd. The company reported $0.43 EPS for the quarter. The company had revenue of $995.16 million during the quarter.

Pandora A/S Company Profile

Pandora A/S engages in the design, manufacture, and marketing of hand-finished and contemporary jewelry. The company operates in two segments, Core and Fuel With More. It offers charms, bracelets, rings, earrings, necklaces, and pendants. The company sells its products through physical stores, online stores, and wholesale and third-party distribution in Denmark, the United States, China, the United Kingdom, Italy, Australia, France, Germany, Spain, Mexico, and internationally.