Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Down – Here’s What Happened

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) shares gapped down before the market opened on Thursday . The stock had previously closed at $9.60, but opened at $9.31. Pan Pacific International shares last traded at $9.7115, with a volume of 95,354 shares changing hands.

Pan Pacific International Stock Up 0.8%

The company has a 50 day moving average of $10.73 and a two-hundred day moving average of $11.36.

Institutional Investors Weigh In On Pan Pacific International

A hedge fund recently raised its position in Pan Pacific International stock. Madison Asset Management LLC lifted its stake in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 215,902 shares of the company’s stock after buying an additional 27,240 shares during the quarter. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 as of its most recent filing with the Securities & Exchange Commission.

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.