Pan Pacific International (OTCMKTS:DQJCY) Shares Down 13.4% – Should You Sell?

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) traded down 13.4% during mid-day trading on Wednesday . The stock traded as low as $9.93 and last traded at $10.3250. 206 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 299,911 shares. The stock had previously closed at $11.92.

Pan Pacific International Trading Down 7.1%

The business has a fifty day simple moving average of $10.81 and a 200 day simple moving average of $11.53.

Institutional Trading of Pan Pacific International

A hedge fund recently bought a new position in Pan Pacific International stock. Public Employees Retirement System of Ohio acquired a new stake in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 44,168 shares of the company’s stock, valued at approximately $2,477,000.

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.