Puma Se (OTCMKTS:PUMSY – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 201 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily volume of 9,568 shares, the days-to-cover ratio is currently 0.0 days.
Puma Stock Performance
Puma stock opened at $2.47 on Tuesday. Puma has a 12 month low of $1.71 and a 12 month high of $3.46. The company’s fifty day simple moving average is $2.99 and its 200-day simple moving average is $2.90.
Analyst Upgrades and Downgrades
PUMSY has been the subject of a number of research analyst reports. Santander began coverage on Puma in a report on Friday, June 26th. They issued a “neutral” rating for the company. HSBC raised Puma to a “buy” rating in a research report on Tuesday, June 16th. Citigroup reissued a “buy” rating on shares of Puma in a research note on Thursday, August 27th. Finally, Zacks Research upgraded Puma to a “hold” rating in a research report on Tuesday, June 9th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock 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.
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