Puma Se (OTCMKTS:PUMSY) Short Interest Up 134.7% in February

Puma Se (OTCMKTS:PUMSY) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 14,526 shares, an increase of 134.7% from the January 29th total of 6,188 shares. Based on an average daily trading volume, of 86,623 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 86,623 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Citigroup restated a “neutral” rating on shares of Puma in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Puma Stock Performance

Shares of OTCMKTS PUMSY opened at $2.73 on Friday. Puma has a 1 year low of $1.71 and a 1 year high of $3.24. The firm’s 50 day moving average price is $2.60 and its 200 day moving average price is $2.38.

Puma Company Profile

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.