Pernod Ricard SA (OTCMKTS:PRNDY) Short Interest Update

Pernod Ricard SA (OTCMKTS:PRNDY) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 181,779 shares, a growth of 1,550.6% from the August 15th total of 11,013 shares. Based on an average daily trading volume, of 927,189 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Zacks Research raised Pernod Ricard from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pernod Ricard currently has a consensus rating of “Hold”.

Pernod Ricard Stock Down 0.9%

Shares of OTCMKTS PRNDY traded down $0.12 during mid-day trading on Thursday, hitting $13.73. The stock had a trading volume of 2,990,933 shares, compared to its average volume of 709,287. The business has a 50 day moving average price of $15.14 and a two-hundred day moving average price of $15.27. Pernod Ricard has a 1 year low of $13.40 and a 1 year high of $21.66. The company has a quick ratio of 0.83, a current ratio of 2.33 and a debt-to-equity ratio of 0.72.

Pernod Ricard Company Profile

Pernod Ricard is a France-based producer and distributor of wines and spirits. The company’s portfolio includes internationally recognized brands such as Absolut vodka, Jameson Irish whiskey, Chivas Regal, Ballantine’s and The Glenlivet Scotch whiskies, Martell cognac, Havana Club rum, Beefeater gin, Malibu, Mumm and Perrier-Jouët champagne, and Ricard anise-flavored aperitif.

The company sells its products through a broad global distribution network serving markets across Europe, North and South America, Asia-Pacific, Africa and other regions.