Pan Pacific International Holdings Co. (OTCMKTS:DQJCF) Short Interest Up 68.0% in July

Pan Pacific International Holdings Co. (OTCMKTS:DQJCF) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 6,518,888 shares, an increase of 68.0% from the July 15th total of 3,879,319 shares. Based on an average daily volume of 2,806 shares, the short-interest ratio is presently 2,323.2 days.

Pan Pacific International Price Performance

Shares of OTCMKTS:DQJCF opened at $5.84 on Monday. The company’s fifty day moving average is $5.29 and its two-hundred day moving average is $5.76. Pan Pacific International has a 12-month low of $4.55 and a 12-month high of $7.27.

Wall Street Analyst Weigh In

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

Pan Pacific International Company Profile

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.