Puma Se (OTCMKTS:PUMSY) Short Interest Update

Puma Se (OTCMKTS:PUMSY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 37,355 shares, a growth of 376.8% from the December 31st total of 7,835 shares. Based on an average trading volume of 80,361 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 80,361 shares, the days-to-cover ratio is presently 0.5 days.

Puma Trading Down 6.6%

OTCMKTS:PUMSY opened at $2.55 on Friday. The business’s 50-day simple moving average is $2.43 and its 200-day simple moving average is $2.32. Puma has a fifty-two week low of $1.71 and a fifty-two week high of $3.24.

Analyst Ratings Changes

Separately, Citigroup reiterated a “neutral” rating on shares of Puma in a report on Thursday. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

About Puma

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.