Porsche Automobil Holding SE (OTCMKTS:POAHY) Short Interest Update

Porsche Automobil Holding SE (OTCMKTS:POAHY) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 22,900 shares, a drop of 82.2% from the February 13th total of 129,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 464,700 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

POAHY has been the subject of several analyst reports. Berenberg Bank cut shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. Hsbc Global Res upgraded shares of Porsche Automobil from a “moderate sell” rating to a “hold” rating in a research report on Thursday, February 13th. The Goldman Sachs Group downgraded Porsche Automobil from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday, January 14th. Finally, UBS Group cut Porsche Automobil from a “hold” rating to a “strong sell” rating in a report on Monday, December 9th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Porsche Automobil Stock Performance

Porsche Automobil stock traded up $0.01 during mid-day trading on Wednesday, reaching $4.20. The company had a trading volume of 132,331 shares, compared to its average volume of 288,529. The business has a fifty day simple moving average of $3.84 and a 200 day simple moving average of $3.97. Porsche Automobil has a fifty-two week low of $3.47 and a fifty-two week high of $5.58.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.