Puma Se (OTCMKTS:PUMSY) Short Interest Update

Puma Se (OTCMKTS:PUMSY) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 1,296 shares, a drop of 57.9% from the April 30th total of 3,082 shares. Based on an average trading volume of 32,490 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Citigroup reaffirmed a “neutral” rating on shares of Puma in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Puma Price Performance

Shares of PUMSY traded down $0.10 during mid-day trading on Friday, hitting $3.33. 5,548 shares of the company’s stock were exchanged, compared to its average volume of 36,032. Puma has a 52 week low of $1.71 and a 52 week high of $3.46. The company has a 50-day simple moving average of $2.83 and a 200 day simple moving average of $2.58.

About Puma

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.