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

Porsche Automobil Holding SE (OTCMKTS:POAHY) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 320,300 shares, an increase of 7,526.2% from the December 15th total of 4,200 shares. Based on an average daily trading volume, of 1,433,600 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on POAHY. Barclays cut shares of Porsche Automobil from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 3rd. Citigroup raised shares of Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 23rd. Finally, UBS Group lowered Porsche Automobil from a “hold” rating to a “strong sell” rating in a research report on Monday, December 9th.

Porsche Automobil Price Performance

POAHY traded down $0.08 on Monday, reaching $3.60. The company had a trading volume of 296,397 shares, compared to its average volume of 485,566. The company has a debt-to-equity ratio of 0.13, a current ratio of 15.57 and a quick ratio of 8.63. Porsche Automobil has a 1 year low of $3.47 and a 1 year high of $5.58. The stock has a 50-day moving average price of $3.69 and a 200-day moving average price of $4.14.

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.