Short Interest in Pernod Ricard SA (OTCMKTS:PRNDY) Expands By 300.6%

Pernod Ricard SA (OTCMKTS:PRNDY) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 264,719 shares, a growth of 300.6% from the June 15th total of 66,073 shares. Based on an average trading volume of 994,604 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Pernod Ricard Stock Down 0.6%

PRNDY traded down $0.10 on Tuesday, hitting $14.55. 121,005 shares of the company’s stock traded hands, compared to its average volume of 693,954. Pernod Ricard has a one year low of $13.40 and a one year high of $24.13. The company has a quick ratio of 0.83, a current ratio of 2.33 and a debt-to-equity ratio of 0.72. The company’s 50 day simple moving average is $14.65 and its 200-day simple moving average is $16.14.

Analyst Ratings Changes

Separately, Zacks Research downgraded Pernod Ricard from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Pernod Ricard Company Profile

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.