Puma Se (OTCMKTS:PUMSY) Short Interest Update

Puma Se (OTCMKTS:PUMSY) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 36 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 22,964 shares, the days-to-cover ratio is presently 0.0 days.

Puma Stock Down 1.7%

OTCMKTS:PUMSY opened at $3.25 on Friday. The business’s 50-day moving average price is $3.12 and its 200 day moving average price is $2.80. Puma has a 52-week low of $1.71 and a 52-week high of $3.46.

Analyst Ratings Changes

Several brokerages have weighed in on PUMSY. Citigroup raised Puma from a “neutral” rating to a “buy” rating in a research note on Thursday, June 4th. Zacks Research raised Puma to a “hold” rating in a research note on Tuesday, June 9th. HSBC raised Puma to a “buy” rating in a report on Tuesday, June 16th. Finally, Santander began coverage on shares of Puma in a research note on Friday, June 26th. They set a “neutral” rating on the stock. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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.