Porsche Automobil Holding SE (OTCMKTS:POAHY) Sees Large Increase in Short Interest

Porsche Automobil Holding SE (OTCMKTS:POAHY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 112,000 shares, a growth of 2,283.0% from the August 31st total of 4,700 shares. Based on an average daily trading volume, of 706,300 shares, the short-interest ratio is currently 0.2 days.

Porsche Automobil Stock Performance

Shares of Porsche Automobil stock traded up $0.12 during trading on Thursday, reaching $4.59. The stock had a trading volume of 296,745 shares, compared to its average volume of 267,030. The stock has a fifty day moving average price of $4.38 and a two-hundred day moving average price of $4.84. Porsche Automobil has a 52 week low of $4.12 and a 52 week high of $5.58.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein started coverage on Porsche Automobil in a research report on Tuesday, August 20th. They issued a “market perform” rating on the stock.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.