Prada S.p.A. (OTCMKTS:PRDSF) Short Interest Update

Prada S.p.A. (OTCMKTS:PRDSF) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 81,500 shares, a drop of 60.3% from the October 31st total of 205,100 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is currently 18.1 days.

Prada Stock Performance

Prada stock opened at $6.92 on Friday. The stock’s 50 day moving average is $7.03 and its 200 day moving average is $7.25. Prada has a twelve month low of $5.16 and a twelve month high of $8.69.

About Prada

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.