Pan Pacific International (OTCMKTS:DQJCY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) saw unusually-strong trading volume on Tuesday . Approximately 301,957 shares traded hands during trading, a decline of 6% from the previous session’s volume of 320,325 shares.The stock last traded at $10.0196 and had previously closed at $9.84.

Pan Pacific International Trading Down 2.7%

The stock’s fifty day simple moving average is $10.70 and its two-hundred day simple moving average is $11.26.

Institutional Investors Weigh In On Pan Pacific International

An institutional investor recently raised its position in Pan Pacific International stock. Madison Asset Management LLC lifted its stake in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 215,902 shares of the company’s stock after purchasing an additional 27,240 shares during the quarter. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 at the end of the most recent reporting period.

Pan Pacific International Company Profile

Pan Pacific International Holdings Corp. is a Japan-based retail holding company best known for operating the Don Quijote chain of discount stores. Its stores offer a broad assortment of groceries, household goods, consumer electronics, apparel, cosmetics, toys and other general merchandise, often through stores designed for extended operating hours and high-volume shopping.

The company also operates other retail formats, including MEGA Don Quijote stores and supermarkets and general merchandise stores under the UNY and Apita brands.