Short Interest in Puma Se (OTCMKTS:PUMSY) Increases By ∞

Puma Se (OTCMKTS:PUMSY) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,808 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 11,036 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

A number of brokerages have recently commented on PUMSY. Zacks Research upgraded Puma to a “hold” rating in a research note on Tuesday, June 9th. Santander initiated coverage on Puma in a report on Friday, June 26th. They issued a “neutral” rating for the company. Citigroup raised Puma from a “neutral” rating to a “buy” rating in a report on Thursday, June 4th. Finally, HSBC upgraded Puma to a “buy” rating in a research report on Tuesday, June 16th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Puma Stock Performance

Shares of Puma stock opened at $2.97 on Friday. The firm has a 50-day simple moving average of $3.12 and a two-hundred day simple moving average of $2.88. Puma has a fifty-two week low of $1.71 and a fifty-two week high of $3.46.

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.