Short Interest in Puma Se (OTCMKTS:PUMSY) Decreases By 79.9%

Puma Se (OTCMKTS:PUMSY) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 1,720 shares, a decrease of 79.9% from the March 31st total of 8,572 shares. Based on an average daily volume of 59,593 shares, the days-to-cover ratio is presently 0.0 days.

Puma Stock Performance

Shares of Puma stock opened at $2.84 on Friday. Puma has a twelve month low of $1.71 and a twelve month high of $3.07. The business has a 50-day moving average price of $2.62 and a 200-day moving average price of $2.46.

Wall Street Analyst Weigh In

Separately, Citigroup reiterated a “neutral” rating on shares of Puma in a research report on Friday, April 10th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Puma currently has an average rating of “Hold”.

About Puma

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.