Pan Pacific International Holdings Co. (OTCMKTS:DQJCF) Sees Significant Decline in Short Interest

Pan Pacific International Holdings Co. (OTCMKTS:DQJCF) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 3,879,319 shares, a decrease of 54.0% from the June 30th total of 8,436,421 shares. Based on an average daily volume of 2,350 shares, the days-to-cover ratio is presently 1,650.8 days.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein assumed coverage on Pan Pacific International in a report on Tuesday, May 26th. They issued an “outperform” rating for the company. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Pan Pacific International Stock Up 0.8%

Shares of DQJCF traded up $0.04 during mid-day trading on Tuesday, reaching $5.24. The company had a trading volume of 300 shares, compared to its average volume of 16,138. Pan Pacific International has a fifty-two week low of $4.55 and a fifty-two week high of $7.27. The firm has a fifty day simple moving average of $5.20 and a 200-day simple moving average of $5.79.

About Pan Pacific International

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. The company operates discount stores under the Don Quijote, MEGA Don Quijote, and MEGA Don Quijote UNY, and Nagasakiya names; and general merchandise stores under the Apita and Piago names. It is also involved in leasing space management; tenant leasing; real estate development; general wholesale; provision of logistic services and internet services; and development and procurement of products and control of production.