Pernod Ricard SA (OTCMKTS:PRNDY) Sees Significant Growth in Short Interest

Pernod Ricard SA (OTCMKTS:PRNDY) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 46,753 shares, an increase of 112.6% from the April 15th total of 21,995 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,397,102 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Pernod Ricard from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Pernod Ricard Price Performance

Shares of PRNDY traded up $0.16 during trading hours on Monday, hitting $14.50. The company’s stock had a trading volume of 803,688 shares, compared to its average volume of 789,056. The business has a 50 day simple moving average of $15.21 and a two-hundred day simple moving average of $17.23. Pernod Ricard has a 52-week low of $13.40 and a 52-week high of $24.13.

About Pernod Ricard

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No.