Short Interest in Puma Se (OTCMKTS:PMMAF) Declines By 15.5%

Puma Se (OTCMKTS:PMMAFGet Rating) was the recipient of a large decrease in short interest in May. As of May 31st, there was short interest totalling 627,500 shares, a decrease of 15.5% from the May 15th total of 742,700 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 784.4 days.

Separately, Hauck and Aufhaeuser upgraded shares of Puma to a “buy” rating and set a $100.00 target price on the stock in a research report on Wednesday, March 9th.

Shares of OTCMKTS:PMMAF traded down $0.37 on Friday, reaching $67.97. 4 shares of the company’s stock were exchanged, compared to its average volume of 358. The company has a fifty day moving average of $73.69 and a 200-day moving average of $92.52. Puma has a twelve month low of $62.08 and a twelve month high of $131.35.

About Puma (Get Rating)

PUMA SE, together with its subsidiaries, designs, develops, sells, and markets footwear, apparel, and accessories for men, women, and kids in Europe, the Middle East, Africa, the Americas, Greater China, and the Asia Pacific. The company offers performance and sport-inspired lifestyle products in categories, such as football, cricket, handball, rugby, volleyball, running, training and fitness, golf, and motorsports.

Featured Stories

Receive News & Ratings for Puma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Puma and related companies with MarketBeat.com's FREE daily email newsletter.