Short Interest in Pigeon Corp (OTCMKTS:PGENY) Drops By 35.7%

Pigeon Corp (OTCMKTS:PGENY) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 470 shares, a drop of 35.7% from the August 15th total of 731 shares. Based on an average daily trading volume, of 1,245 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Pigeon Stock Performance

OTCMKTS:PGENY opened at $3.10 on Friday. The stock has a 50-day simple moving average of $3.10 and a 200-day simple moving average of $2.90. The stock has a market cap of $1.48 billion, a P/E ratio of 25.83 and a beta of 0.12. Pigeon has a 1 year low of $2.21 and a 1 year high of $3.50.

Pigeon (OTCMKTS:PGENY) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.04 EPS for the quarter. Pigeon had a return on equity of 11.11% and a net margin of 8.01%.The business had revenue of $196.22 million for the quarter. On average, equities research analysts predict that Pigeon will post 0.13 EPS for the current year.

Pigeon Company Profile

Pigeon Corporation is a Japanese manufacturer of products and services focused on baby care, maternity care and family health. Its offerings include nursing bottles and nipples, breastfeeding and breast-care products, baby toiletries, skin-care products, diapers and related items designed to support parents and infants.

The company also develops products for women and families, including maternity and postpartum-care goods, as well as products for older adults and people requiring nursing care.