Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Short Interest Update

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 62,666 shares, a drop of 46.7% from the July 30th total of 117,575 shares. Based on an average daily volume of 249,181 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Pan Pacific International Stock Performance

Shares of OTCMKTS DQJCY opened at $10.00 on Monday. The company’s 50 day moving average price is $10.75 and its 200-day moving average price is $11.42. Pan Pacific International has a 52-week low of $9.38 and a 52-week high of $15.16.

Hedge Funds Weigh In On Pan Pacific International

An institutional investor recently bought a new stake in Pan Pacific International stock. Public Employees Retirement System of Ohio purchased a new stake in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 44,168 shares of the company’s stock, valued at approximately $2,477,000.

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.