Short Interest in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Decreases By 51.1%

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 14,259 shares, a decline of 51.1% from the May 31st total of 29,162 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 642,888 shares, the days-to-cover ratio is presently 0.0 days.

Pan Pacific International Stock Down 1.9%

Pan Pacific International stock traded down $0.19 during midday trading on Wednesday, reaching $9.96. The stock had a trading volume of 111,349 shares, compared to its average volume of 319,401. The firm has a market cap of $15.82 billion and a price-to-earnings ratio of 0.01. Pan Pacific International has a 52-week low of $9.38 and a 52-week high of $15.97. The company has a fifty day moving average of $10.77 and a 200 day moving average of $11.75.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Pan Pacific International to a “hold” rating in a report on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Pan Pacific International presently has an average rating of “Hold”.

About Pan Pacific International

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. The company operates discount stores under the Don Quijote, MEGA Don Quijote, and MEGA Don Quijote UNY, and Nagasakiya names; and general merchandise stores under the Apita and Piago names. It is also involved in leasing space management; tenant leasing; real estate development; general wholesale; provision of logistic services and internet services; and development and procurement of products and control of production.