Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) Short Interest Up 349.6% in April

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 102,674 shares, a growth of 349.6% from the April 15th total of 22,839 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 424,432 shares, the short-interest ratio is currently 0.2 days.

Porsche Automobil Stock Performance

POAHY stock opened at $3.72 on Wednesday. The company has a fifty day moving average price of $3.70 and a 200-day moving average price of $4.10. Porsche Automobil has a 52-week low of $3.45 and a 52-week high of $4.79. The company has a quick ratio of 9.94, a current ratio of 9.94 and a debt-to-equity ratio of 0.18.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.