Pernod Ricard SA (OTCMKTS:PRNDY) Sees Large Increase in Short Interest

Pernod Ricard SA (OTCMKTS:PRNDY) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 82,361 shares, an increase of 166.4% from the September 30th total of 30,911 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,525,984 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Pernod Ricard from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Pernod Ricard currently has a consensus rating of “Hold”.

Pernod Ricard Stock Up 2.9%

Shares of Pernod Ricard stock opened at $15.10 on Friday. The company has a current ratio of 2.47, a quick ratio of 0.78 and a debt-to-equity ratio of 0.73. Pernod Ricard has a 12-month low of $12.95 and a 12-month high of $20.72. The firm’s 50-day moving average price is $14.32 and its two-hundred day moving average price is $15.51.

Pernod Ricard Company Profile

Pernod Ricard is a France-based international beverage company that produces, distributes and markets a broad portfolio of wines and spirits. Its offerings include whiskey, vodka, rum, gin, cognac, champagne, sparkling wine, tequila, liqueurs and anise-flavored spirits.

The company’s brand portfolio includes Absolut vodka, Jameson Irish whiskey, Chivas Regal, Ballantine’s, Royal Salute and The Glenlivet Scotch whiskies, Martell cognac, Havana Club rum, Beefeater gin, Malibu, Mumm and Perrier-Jouët champagnes, and Ricard pastis.