Short Interest in Prada S.p.A. (OTCMKTS:PRDSF) Declines By 18.7%

Prada S.p.A. (OTCMKTS:PRDSF) was the recipient of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 66,300 shares, a decrease of 18.7% from the November 15th total of 81,500 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 14.7 days.

Prada Stock Performance

Shares of OTCMKTS PRDSF remained flat at $7.74 during trading hours on Friday. The stock had a trading volume of 101 shares, compared to its average volume of 4,471. Prada has a 12 month low of $5.16 and a 12 month high of $8.69. The firm’s fifty day moving average price is $7.21 and its 200 day moving average price is $7.21.

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.