Prada S.p.A. (OTCMKTS:PRDSF) Short Interest Down 42.9% in October

Prada S.p.A. (OTCMKTS:PRDSF) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totalling 55,700 shares, a decrease of 42.9% from the September 30th total of 97,500 shares. Based on an average trading volume of 600 shares, the short-interest ratio is presently 92.8 days.

Prada Stock Performance

Shares of PRDSF remained flat at $7.21 on Friday. Prada has a 52 week low of $5.11 and a 52 week high of $8.69. The business’s 50-day moving average price is $6.93 and its 200-day moving average price is $7.36.

Prada Company Profile

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.